BNB/USDT Current price: 795.20 USDT

šŸ“Š Up +1.48% in the last 24 hours

šŸ“‰ Support: 778.51 | šŸ”¼ Resistance: 799.25

šŸ“Œ MA(7): 795.46 | MA(25): 794.57

BNB shows a recovery trend after touching a daily low of 778. Short-term correction seems to be easing and the price is testing MA 7 and MA 25 simultaneously ā€” a potential rebound could occur if it convincingly breaks above 800.

šŸ”Ž Volume is decreasing, but there is no significant selling pressure. RSI is neutral, and MACD is approaching a golden cross on a larger timeframe.

šŸ’” Conclusion: It is not ideal to make a large entry at this time, but one can start dollar-cost averaging (DCA) for those looking to take a medium-term position. Wait for a breakout confirmation above 800 for aggressive entry.

šŸŸ¢ Advice: BUY GRADUALLY

Use risk management and set a stop loss below 778.

$BNB