← Back to Home

📊 Analysis: BNBUSDT (1d)

Price: 857.31 | EMA7: 861.16 | EMA25: 840.3 | RSI14: 54.65 | Resistance: 900.71 | Support: 601.25 | Average Volume: 210956.41 | Volume Trend: Decreasing

🤖 AI Insight

**Technical Analysis of BNBUSDT (1D)**

**Current Price:** 857.31

**Trend Indicators:**

* **EMA7:** 861.16 (short-term trend) - Price is slightly below EMA7, indicating a short-term bearish bias.
* **EMA25:** 840.30 (medium-term trend) - Price is above EMA25, indicating a medium-term bullish bias.

**Momentum Indicators:**

* **RSI14:** 54.65 - Neutral territory, not overbought or oversold.
* **MACD:** 19.20 - Positive momentum, but decreasing.

**Support and Resistance:**

* **Support:** 601.25 - Strong support level.
* **Resistance:** 900.71 - Strong resistance level.

**Volume:**

* **Average Volume:** 210,956.41
* **Volume Trend:** Decreasing - Indicates a lack of conviction in the current price movement.

**Trading Strategy:**

* **Long Entry:** Consider buying around 850-855 ( near current price) with a stop loss below 830 ( conservative) and a target towards 880-890.
* **Short Entry:** Consider selling around 870-880 with a stop loss above 900 (aggressive) and a target towards 830-820.
* **Spot Buy Price:** 855-860 is a good spot buy price for long-term holders.

Keep in mind that this analysis is based on current market conditions and may change rapidly. Always monitor the markets and adjust your strategy accordingly.