BNB is trading near $988, showing neutral momentum with RSI at 50. Price is consolidating between recent support and resistance levels.
Current Market Overview
BNB is priced at $987.79, up 6.9% in 24 hours. The RSI is neutral at 50, indicating balanced buying and selling pressure.
Key Support and Resistance
Recent local lows near $980-988 act as support, while highs around $997-1004 serve as resistance. These levels help identify entry and exit points.
Moving Averages Insight
Price is between the 20-day SMA ($991.76) and 50-day SMA ($981.80), suggesting a sideways trend without strong directional bias.
Trading Strategy
Consider buying near support at $980 if price dips, and selling near resistance at $1000 if it rallies. Always use stop-losses to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 980 USDT
Sell Price: 1000 USDT
Key metrics
| Price | 987.7900 USDT |
| 24h Change | 0.07% |
| RSI(14) | 49.73 |
| SMA20 / SMA50 | 991.76 / 981.80 |
| Daily Volatility | 4.07% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
