BNB Momentum Flatlines at $757, Correction Imminent
BNB is trading at $756.58, but momentum has flatlined according to technical analysis.
The Relative Strength Index (RSI) is at 70, indicating overbought territory, and the Moving Average Convergence Divergence (MACD) histogram has printed dead zero, meaning momentum has gone completely flat.
This is a textbook bullish structure that took months to build, with every major moving average stacked cleanly below price.