đ BNB Rebounds 9% from Monthly Low! Major Breakout Incoming? đ„
BNB has rebounded by 9% from its August low of $400, forming a bullish ascending triangle that could lead to a massive breakout. After hitting a high of $721 in June, BNB corrected but is now testing the critical $600 resistance.
With Elliott Wave Theory in play, this uptrend might be BNBâs fourth wave, setting the stage for a final rally towards an all-time high (ATH) above $800! However, the coin is also flirting with sideways movement, leaving traders with two scenarios: a major breakout or a further pullback.
âł Will BNB break past $600 and soar, or face another correction? Keep your eyes on this one! đ
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