BNB price analysis (Bullish) — 1128.93 USDT (+3.96% 24h)

BNB is showing constructive price action, trading at $1,128.93 with a solid 3.96% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($1,118.23) and 50-day SMA ($1,104.34), indicating underlying strength in the medium-term trend. With RSI at 54.90, BNB remains in neutral territory with room for further upside before reaching overbought conditions. The $554 million in 24-hour trading volume demonstrates healthy participation, while the 4.9% volatility suggests manageable price swings. Traders should watch for a sustained break above $1,150 as confirmation of continued bullish momentum. Support levels to monitor include the $1,118 (20-SMA) and $1,104 (50-SMA) zones. Consider scaling into positions on pullbacks toward these support levels while maintaining tight stop-losses given the current market environment.