The BNB price has surged to 909.66, just a hair away from the intraday high of 911.23. From a technical perspective, the risk signals are clear: RSI has skyrocketed to 67, entering the overbought zone, and the short-term chasing risk factor is rising sharply.
What’s more concerning is the divergence between volume and price — you see the price climbing, but the trading volume is far below the usual average level. In plain terms, the on-market capital is engaging in self-sustained speculation, and the support from new buying is seriously lacking. Although the MACD red bars are still present, there are signs of weakening.
Once the bulls’ momentum exhausts, the technical support level around 895 will be directly tested. This selling point is fleeting and requires close attention to the price confirmation actions.
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The BNB price has surged to 909.66, just a hair away from the intraday high of 911.23. From a technical perspective, the risk signals are clear: RSI has skyrocketed to 67, entering the overbought zone, and the short-term chasing risk factor is rising sharply.
What’s more concerning is the divergence between volume and price — you see the price climbing, but the trading volume is far below the usual average level. In plain terms, the on-market capital is engaging in self-sustained speculation, and the support from new buying is seriously lacking. Although the MACD red bars are still present, there are signs of weakening.
Once the bulls’ momentum exhausts, the technical support level around 895 will be directly tested. This selling point is fleeting and requires close attention to the price confirmation actions.