Markets· ★★· neutral·

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)