With the on the 1W time-frame having broken above its Lower Highs trend-line on July 21, this may be consistent with the strong buy signals that (excluding the March 2020 COVID crash) BNB gave at the start of each of the previous parabolic rallies. As you see on Feb 06 2019, Feb 03 2020, and April 15 2020, when the 1D MA200 broke, a Higher High was made (probably if it wasn’t for the March 2020 Black Swan event, the Feb 03 break would have been a consistent rally).
The key is the 1D MA100. On all consistent rallies, as long as that level held as a Support, BNBUSD kept fuelling the rise with Higher Highs. The 1D MA100 is now at $272.5. A pull-back near it is a strong buy signal, break below it is invalidation, while if a break above the 1D MA200 comes first, it’s a break-out buy signal into the new Bull Cycle.
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