
BNB near $789 as daily RSI approaches overbought territory
- —BNB trades at $788.85 with daily RSI at 68.08, close to the 70 overbought level
- —Daily EMA20/50/200 stand at $744.71, $699.73 and $667.92, with price above all three
- —Resistance at $796.27 overlaps the upper Bollinger Band at $799.26
- —Bitcoin dominance is 58.67% and the Fear and Greed index reads 71 (Greed)
Why it matters: BNB is testing a key resistance cluster: a breakout opens new highs, while a rejection risks a drop toward $745.
Source: The Cryptonomist (IT)
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