BNB is forming a triangle correction after reaching the ATH.
Plotting by the Elliot triangle wave, we are currently in the 4th leg of the 5 leg correction. at the end of the correction we can expect a breakout to the upside (possibly downside, which is less probable) to reach an ATH.
Disclaimer *This is my first idea, and I'm still in a learning curve. If you have any remarks, I appreciate it. Do your own analysis before doing any trades.