BNB is showing mixed signals with oversold RSI but struggling to break resistance. Current price is near recent lows, suggesting potential for a bounce.
Price Overview
BNB is trading at $952.47, slightly above recent lows. The price has been bouncing between $918 and $967 recently.
RSI Indicator
RSI is 37.66, which is oversold. This often means the asset might be due for a price increase soon.
Moving Averages
Price is below the 20-day average ($957.66) but above the 50-day average ($948.35). This shows short-term weakness but medium-term strength.
Support and Resistance
Strong support is near $918 (recent low). Resistance is around $967 (recent high). These are good levels for buy and sell targets.
Trading Suggestion
Consider buying near support at $920 and selling near resistance at $965. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 920 USDT
Sell Price: 965 USDT
Key metrics
| Price | 952.4700 USDT |
| 24h Change | 1.05% |
| RSI(14) | 37.66 |
| SMA20 / SMA50 | 957.66 / 948.35 |
| Daily Volatility | 3.93% |
| 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.
