BNB price analysis (Bullish) — 1241.75 USDT (+2.61% 24h)

BNB is showing encouraging momentum, trading at $1,241.75 with a solid 2.61% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($1,227.78) and 50-day SMA ($1,197.28), indicating a healthy uptrend remains intact. With an RSI of 62.09, BNB approaches overbought territory but hasn’t yet reached extreme levels that would signal an immediate reversal. The $748 million trading volume provides adequate liquidity and confirms genuine buyer interest. Traders should watch for a sustained break above $1,250 as the next resistance level, which could trigger further upside toward $1,300. Consider taking partial profits near current levels while maintaining core positions, with stop-losses placed below the $1,200 support zone. The overall technical picture suggests continued strength, but be prepared for potential volatility given the 3.37% volatility reading.