BNB Momentum Flatlines: Will Pullback Set Up Another Run?
BNB's momentum has flatlined at $745, signaling a potential pullback before another run. The altcoin is currently stuck just below its $756-$768 resistance ceiling, with its MACD histogram dead flat and aggressive sell-side taker flow dominating short-term price action.
The Relative Strength Index (RSI) of 69 suggests that the price is not overbought but is close to reaching its 70 threshold. A catalyst would be needed to push through without a pullback first.
Despite the current stall, every major moving average is stacked below the price, confirming the bullish macro trend. However, short-term momentum is telling traders to be patient.