1. **Current Price**: 716.67 USDT, up 2.31% compared to 24 hours ago.
2. **Resistance and Support**: - **Resistance**: Around 731.24 USDT, where the price previously reacted. - **Support**: Around 698.40 USDT, where the price previously recovered.
RSI 6 is above RSI 12 and RSI 24, indicating stronger short-term momentum, but still at an average level, not in the overbought zone.
6. **Trading Volume (Volume)**: - Current trading volume: 1,977,352 BNB
Trading volume is increasing as the price rises, further supporting the current upward trend.
**Summary**: - **Short-term Trend**: Slightly increasing, but needs to monitor reactions at the resistance level around 731.24 USDT. - **Strategy**: If you are considering buying, you might wait for confirmation of the price breaking through the resistance level or wait for a pullback to the support area to reduce risk. If you are already holding, you might consider taking profit at the resistance level or wait for further signals from RSI to assess whether there is potential for continued increase.
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