BNB is currently trading at $1149.84, showing mixed signals with neutral RSI and recent volatility. The price has found support near $1094 and faces resistance around $1179.
Current Market Position
BNB is trading slightly above its 20-day average ($1136.83) but below its 50-day average ($1165.31), indicating short-term stability with some medium-term pressure. The RSI at 49 is neutral, suggesting neither overbought nor oversold conditions.
Price Action Context
Recent hours show BNB dropped sharply from $1271 to around $1083, then recovered to current levels. This creates a volatile environment where careful entry and exit points are crucial.
Trading Strategy
Consider buying near recent support at $1094 where price has bounced before. Look to take profits near resistance at $1179 where previous rallies have stalled. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 1094 USDT
Sell Price: 1179 USDT
Key metrics
| Price | 1149.8400 USDT |
| 24h Change | 3.91% |
| RSI(14) | 49.19 |
| SMA20 / SMA50 | 1136.83 / 1165.31 |
| Daily Volatility | 6.04% |
| 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.
