$BNB

BNB
BNB
603.32
-0.66%

BNB overall has a sideways to mildly bullish structure.

Price is sustaining above the strong support zone, which is a positive sign.

Support zone: there is a strong buying area below.

Resistance: there is an important supply zone above, where profit booking occurs.

Moving Averages: Price is near the 50 & 100 MA → if a breakout occurs, a strong move can happen.

RSI: Neutral to slightly bullish, not overbought — there is space for upside.

Binance ecosystem (Launchpad, BNB burn, BSC usage) is long-term positive.

The overall market sentiment (BTC & ETH) directly impacts BNB.

Strategy (Simple)

Short term: Waiting for resistance breakout.

Mid term: Buying near support offers better risk-reward.

Long term: Holding BNB is still considered safe with a strong project (risk management is essential).

#USRetailSalesMissForecast #bnb #BNB_Market_Update