đč Price Action
BNB has been in a strong uptrend since mid-August, forming higher highs and higher lows.
The latest candle shows a slight retracement after reaching $1,083.47, suggesting some profit-taking near resistance.
Current price: $1,054.15, still trading close to the highs, showing strong momentum.
đč Moving Averages (EMA)
EMA(9) â 985.5 â short-term trend support, price is well above it.
EMA(30) â 914.5 â medium-term support, showing steep upward slope.
EMA(45) â 884.8 â long-term support, steadily rising.
â Price trading far above all EMAs = bullish momentum, though it may be overextended (risk of pullback).
đč RSI / Wm%R (Momentum Indicator)
Chart shows Williams %R = -13.74, which indicates overbought territory (RSI equivalent > 70).
This means momentum is strong, but a short-term correction or consolidation is likely.
đč RSI / Wm%R (Momentum Indicator)
Chart shows Williams %R = -13.74, which indicates overbought territory (RSI equivalent > 70).
This means momentum is strong, but a short-term correction or consolidation is likely.
đ Do you want me to create a trader-style setup (entry, stop-loss, take-profit zones) for this chart?$BNB