BNBUSDT has broken out of a major bullish structure and has since transitioned into a well defined ascending wedge, suggesting the development of an extended Wave 3 within an impulsive Elliott sequence.
Price is currently progressing toward the projected Wave 3 target around $935, a level that also coincides with a significant historical supply zone. Once reached, this area may trigger a sharp corrective pullback, likely forming Wave 4.
Should this correction hold above key structural support, the final impulsive leg toward the $1,613 region is expected to complete the ongoing trading cycle for BNB.
We invite you to share your perspective in the comments and revisit our earlier BNB analysis linked below for broader context on this setup.
Price is currently progressing toward the projected Wave 3 target around $935, a level that also coincides with a significant historical supply zone. Once reached, this area may trigger a sharp corrective pullback, likely forming Wave 4.
Should this correction hold above key structural support, the final impulsive leg toward the $1,613 region is expected to complete the ongoing trading cycle for BNB.
We invite you to share your perspective in the comments and revisit our earlier BNB analysis linked below for broader context on this setup.
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Nice move on BNB
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📢 Follow Only Official Links – Trade Smart, Stay Safe
🔹 Main Channel: t.me/+m0IACMn0ul03OTFk
🔹 Forex Zone: t.me/+piiPgrNtrulkNDk0
📩 For Promotions, Advertisements & Partnerships: @WESLAD
🔹 Main Channel: t.me/+m0IACMn0ul03OTFk
🔹 Forex Zone: t.me/+piiPgrNtrulkNDk0
📩 For Promotions, Advertisements & Partnerships: @WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.