BnB overview 🚨🚨
Still consolidating and still trying to figure out where it wants to go. The good thing is price is above the 200-day SMA, which keeps the higher-timeframe structure alive 📈 The bad part is that it’s below 50 RSI, showing momentum is still weak 📉
The neutral factor is price sitting inside the golden pocket, which explains the chop and lack of direction. No real dominance from bulls or bears here, just balance and indecision ⚖️
For now, this is nothing but a waiting game until price accepts either above the pocket or loses key support.
BNBUSDT
Perp
851.2
-0.90%
