BNB Traders Fume as Price Stalls—But Whale Activity Hints at a Squeeze Play

Retail investors are tapping their fingers while BNB churns below all-time highs. Meanwhile, blockchain sleuths spot whale wallets loading up—classic ’buy when there’s blood in the streets’ behavior. Or just another pump-and-dump waiting to happen? Only your portfolio manager (who takes fees either way) knows for sure.

The ’patient accumulation’ narrative looks suspiciously like a trap for overleveraged day traders. Then again, in crypto, the line between genius and recklessness is measured in seconds—and margin calls.

BNB Coin Price Prediction: Bullish Breakout Could Push BNB to $828

Looking at the daily chart, BNB has found strong selling pressure at around $690, but is still on an uptrend as shown in the chart.

The token’s short-term exponential moving averages (EMAs) have sent buy indicators as the 9-day and 21-day EMAs have made a ‘golden cross’ above the 200-day EMA.

Meanwhile, momentum indicators show solid trend strength as the Relative Strength Index (RSI) currently stands at 62.

It is highly likely that BNB will retest the $690 shortly. The key psychological resistance to watch for this token would be the $700. A bullish breakout above this level could mark the beginning of a strong uptrend and may confirm a short-squeeze.

The first target for a short-term BNB Coin price prediction could be set at $828 based on the ascending triangle’s height, which is typically used as a reference.

As the crypto market continues to recover, the best crypto presales like Best Wallet will likely outperform well-established tokens like BNB Coin (BNB). Here’s what makes this new token so attractive for early buyers.

Best Wallet (BEST) Raises Nearly $13M to Launch Its New Crypto Wallet

Best Wallet (BEST) plans to become the ultimate Web 3 storage solution by introducing new features and tools that help users make the most out of their crypto holdings.

This solution supports assets in 60 different blockchains and will soon launch a low-fee decentralized exchange (DEX).

In addition, a tool called Upcoming Tokens helps investors identify the most promising initial coin offerings (ICOs) like pepe unchained (PEPU), whose crypto presale delivered 500% gains to investors this year.

$BEST is the utility token of the Best Wallet ecosystem. Once the solution is embraced by a high number of users who enjoy this wallet’s low swap fees and other attractive tools, its price will explode.

To buy $BEST at its discounted presale price of $0.025085, head to the Best Wallet website and connect your wallet or you can download the Best Wallet app in case you don’t have one.

You can either swap USDT or ETH for this token to make your investment or use a bank card.