$BNB in PRICE DISCOVERY, my potential BUY-THE-DIP levels

BNB keeps smashing bears on a daily basis, I was considering a SHORT yesterday due to overbought RSI on all timeframes combined with BEAR divergences on some.

I obviously didn't pull the trigger due to the rising volumes (and OPEN INTEREST mooning). Good decision, as it turns out.

So, WAVE 5, these can overextend beyond imagination, and the next target based on Elliot's Wave Count would be at 1.618 Fib extension - $1523.

Taking profits there makes a lot of sense especially if the #Binance coin keeps going vertically without a correction.

Buy-the-dip levels are right there on my DAILY chart, the three most likely retracement are as follows (WAVE A: corrective wave):

- fib 0.382 ($1190)
- fib 0.5 ($1141)
- fib 0.618 ($1092)

We will get a brutal correction at some point, and BNB is going to keep outperforming other top coins, already bigger than XRP in terms of marketcap.

For now, let is continue melting faces, and I will continue hunting for entries in its ecosystem. FFLOKI long in-play, a few other ones on my watchlist👽💙