BNB Holds Above $830; Momentum Signals Further Upside
I'm watching BNB at $831.67 as it holds above the $830 support despite a 1.55% daily pullback.
Technicals are constructive — RSI around 63.6 and ongoing bullish momentum suggest room for further gains rather than immediate exhaustion.
I'm constructive on BNB and would consider adding on confirmed continuation or on modest weakness, while keeping a stop below the $830 level to manage risk.
Analysis
BNB's price action shows resilience above key support and an RSI that implies bullish continuation rather than overbought conditions; the small daily decline looks like a pullback within an uptrend.
Recommendation
I'm leaning to buy with position sizing and a stop below $830; consider adding on confirmed upside or on limited weakness rather than chasing after sharp rallies.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.