It's been a while since we talked about BNB. This surge is truly impressive, and the short-term bullish structure is remarkably strong, with a very steady rhythm.
However, we are currently approaching the previous high around 730, which is an important resistance zone from the last round. The risk of chasing highs in the short term is increasing, and it's easy to be washed out by the main force.
It is recommended to wait for a pullback to the 710-705 range before considering taking a long position. This wave is expected to continue pushing towards 730-740, and may even open up a new round of upward space.
