The short-term Elliott Wave outlook for Binance Coin (BNBUSD) shows a rally from the August 26, 2025 low. This move is unfolding as a five-wave impulse. Wave ((i)) peaked at 881.2. Wave ((ii)) dipped to 839.5. The internal structure of wave ((ii)) formed a zigzag pattern. Wave (a) fell to 850.8. Wave (b) climbed to 868.5. The last leg wave (c) dropped to 840.5, completing wave ((ii)).
Wave ((iii)) is now advancing as an impulse. From the wave ((ii)) low, wave (i) reached 857.6. Wave (ii) corrected to 841.8. Wave (iii) surged to 949.5. A pullback in wave (iv) is forming a zigzag. Wave a ended at 922.7. Wave b reached 944.8. As long as the 840.5 pivot holds, dips should find support. Expect support in a 3, 7, or 11 swing. This setup points to more upside in BNBUSD.
The bullish trend remains intact if the key support at 840.5 holds firm. Traders should watch this level closely. Any dips within the structure could offer buying opportunities. The market’s next move depends on maintaining this critical pivot. Continued monitoring of price action will help confirm the upward trajectory.
Binance Coin (BNBUSD) – 60 Minute Elliott Wave Technical Chart:
