BNB is consolidating at $703.04 on the 1-hour chart, holding securely above the MA(25) and MA(99) support levels near $699.
The short-term MA(7) has turned upward, and the MACD displays a mild bullish crossover with positive green histograms.
The RSI sits neutrally at 52.78, leaving ample room for upward movement without flashing overbought warning signs.
Watch for a decisive break above the $709 local resistance to confirm a continuation toward the $719 high.
Are you entering this setup as a short-term scalp or a multi-day swing trade, and what is your risk tolerance?
#bnb $BNB
The short-term MA(7) has turned upward, and the MACD displays a mild bullish crossover with positive green histograms.
The RSI sits neutrally at 52.78, leaving ample room for upward movement without flashing overbought warning signs.
Watch for a decisive break above the $709 local resistance to confirm a continuation toward the $719 high.
Are you entering this setup as a short-term scalp or a multi-day swing trade, and what is your risk tolerance?
#bnb $BNB
