BNB price analysis (Bullish) — 938.58 USDT (+3.48% 24h)

BNB is showing strong momentum with a 3.48% gain over the past 24 hours, trading at $938.58 and well above both the 20-day SMA ($927.97) and 50-day SMA ($913.01). The RSI reading of 76.34 indicates overbought conditions, suggesting a potential near-term pullback or consolidation. Volume remains robust at over $241 million, supporting the current price action. Given the elevated RSI and high volatility of 1.45%, traders should consider taking partial profits on long positions and wait for a retracement toward the $920-925 support zone before adding exposure. A break below the 20-day SMA would signal weakening momentum and could trigger a deeper correction toward the $900 level. Overall, the trend remains bullish but requires careful risk management at these levels.