BNB price analysis (Bullish) — 899.58 USDT (+1.71% 24h)

BNB is showing strength, trading at $899.58 with a solid 1.7% gain over the past 24 hours. The price is currently above both the 20-day SMA ($894.93) and 50-day SMA ($887.19), indicating a bullish near-term trend. However, the RSI reading of 73.09 suggests the asset is approaching overbought territory, which could signal a potential pullback or consolidation in the short term. Volume remains healthy at $279M, supporting the current price action. Given the elevated RSI and moderate volatility of 1.37%, I’d advise caution on new long positions at these levels. Wait for a dip toward the $890 support zone or a break above $905 with volume confirmation before adding exposure. Consider taking partial profits if holding from lower levels.