BNB price analysis (Neutral) — 968.33 USDT (+1.09% 24h)

BNB is showing resilience at the $968 level, trading slightly above both its 20-day SMA ($958.46) and 50-day SMA ($964.35), indicating underlying strength. The 1.09% gain over the past 24 hours, coupled with substantial trading volume exceeding $218 million, suggests sustained institutional interest. However, the RSI reading of 76.77 places BNB in overbought territory, signaling potential near-term consolidation or pullback. The current volatility of 2.91% reflects typical market conditions for a major altcoin. Traders should consider taking partial profits at these elevated levels while maintaining core positions for potential continuation. Support lies around the $958-$964 SMA confluence zone, with resistance likely forming near the psychological $1,000 level. Position sizing should remain conservative given the overextended technical readings.