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BNB's current price quickly retreated after touching the upper band, and the bullish candle body was completely engulfed by the subsequent bearish candle, confirming strong resistance in the upper band area. Meanwhile, the middle band has turned downward, and the price is under pressure, trading within the weak zone between the middle and lower bands. Although the lower band temporarily provides some support, the overall channel structure is bearish, indicating weak market recovery strength. Under this weak structure, any rebound lacking volume support is unlikely to be sustainable, and the price is expected to continue oscillating downward.
BNB trading suggestion: Range trading between 648-653, targeting around 610-625.