Positioning for Potential: $BNB Set to Break Out!
2024-10-15

I think it’s time to consider taking a position in $BNB. It has been ranging for a while, and the weekly timeframe is finally showing some strength.

I’m anticipating a break of the purple line within this week, or by next week at the latest. 

The time@mode is still to be confirmed, and the Point of Control is just a few percentage points away from current prices. The bi-weekly chart looks much more constructive compared to other timeframes, so it’s definitely something to keep an eye on.

Also, be prepared to play betas on this one; Simon’s Cat is one to add in case  CRYPTOCAP:BNB  goes on a rampage toward $1k.