Technical analysis by trading_mura about Symbol BNB on 9/4/2025

BNB’s price is consolidating within an ABCDE triangle . On the chart, two clear trendlines can be drawn: the descending line with 4 touches and the ascending line with 5 touches , highlighting the importance of both. If the descending trendline breaks, I’ll be looking for long positions, as the price would likely aim to set a new ATH. However, there’s still a chance of a drop within a standard ABC correction. If the ascending trendline breaks, I’ll be opening short positions with a target in the 810–790 range