BNB is now establishing itself as a high-performing altcoin. Today, the token has crossed the 850 USDT mark with a significant progression 🚀📈 of +5.31% in 24 hours, trading around $853.46. This surge comes in a more favorable global context, but it deserves a deeper look, both technically and strategically.
A solid support above $827 could indeed allow BNB to aim for $861, a potential new ATH.
For now, the technical analysis of BNB's price shows a market in a state of near overbought.
However, from a trading ideas perspective, some scenarios suggest taking short positions especially due to the overbought condition.
