Enters Healthy Consolidation After New All-Time High
Following a monumental surge to a new All-Time High, $BNB is currently undergoing a natural and healthy short-term consolidation. On the 1-hour chart, the price sits around $USDT 825, experiencing a modest pullback from its 24-hour peak of $USDT 861.
This minor dip is marked by a neutral RSI at 42, indicating no immediate overbought or oversold conditions, and a slightly bearish MACD, which suggests some short-term cooling. These signals point toward a typical re-accumulation phase, where the market pauses to consolidate gains before potentially moving higher.
Such phases are common and often necessary during strong uptrends, allowing momentum to reset and prepare for the next leg upward.
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