BNB - Wave 4 Support Tested and Rejected

BNB has recently tested wave 4 support at the purple line from my previous analysis, and it was immediately rejected. Following this, the descending trendline has been broken, indicating a possible shift in momentum.

Currently, BNB is undergoing a pullback from the initial impulse. I expect a break to the upside soon, with $300 acting as a strong support level.