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UPDATE 🚨
Many top accounts claim that $BNB has already broken out, and the next target is over $1,000 in June.
Personally, I do not agree with that timeline.
Yes, I believe that $BNB could easily trade above $1,000+, but I think this growth will happen more likely over the next few months rather than instantly in June.
Right now, the chart looks like it's in the late stage of an impulsive move.
The impulse is still strong, but it also feels like the final push before a necessary pause in the market.
The RSI is already overbought, which tells me that the move has stretched out. So, while another increase is possible, I wouldn’t blindly chase it.
My best scenario for June:
a final push upward, followed by a healthy correction.
My main opinion:
BNB is strong, but I do not expect it to immediately go to $1,000 without a pullback.
In simple terms, I think this could be the last push before a serious correction.
So, my target for the final push is $780 - $820
However, it could also reach up to $850
$BNB