BNB price analysis (Bullish) — 1210.14 USDT (+3.54% 24h)

BNB is showing impressive momentum, trading at $1,210 with a solid 3.55% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($1,172) and 50-day SMA ($1,162), indicating strong bullish structure. However, the RSI reading of 81.4 raises significant overbought concerns – this level typically suggests the asset is due for a pullback or consolidation phase. The substantial $437 million in 24-hour volume confirms active institutional interest, but the 3.2% volatility indicates some price instability at these elevated levels. Traders should consider taking partial profits here while maintaining core positions. For new entries, waiting for a pullback toward the $1,180-$1,190 support zone would provide better risk-reward opportunities. Keep stop losses tight around $1,165 given the stretched technical conditions.