$BNB is pulling back, but I think it should be a giant Cup and Handle that is forming. And this handle could meander down to low 500s.... but that would be an opportunity to load up on BSC chain coins. If $ETH season runs well, it might spill over into other chains, and CZ is out in Early October, so prices in the BSC ecosystem could pump by Sept, or as early as August. CAKE is the leading DEX, I still like it a lot. Spot accumulation below 2.25 makes sense to me. But for folks who like to use leverage, the support is at 2.08 area, an entry at 2.15 or lower, with a tight stop at 2.05 or even below 2.00 could make a good play. Keep in mind that if BNB itself went to low 500s, then CAKE can easily go below 2.00, so there is still lots of risks to this futures set up.For memecoin on BSC, I still quite like WHY. They burnt like 40% of their supply when the coin was at 11M FDV, I think WHY has a real shot at becoming the leader of the BSC memes for this season. Price is coming down into the accumulation zone again, near the bottom of the bull flag. Overall, memes might turn out to be the best performing narrative of this cycle, I don't make the rules, I just say what I am observing. The best memes on SOL Base chain and MAYBE BSC (if CZ decides to give it a push) can make life changing gains this bull run.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.