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4.24 BNB Outlook
On the BNB weekly chart, long upper wicks form repeatedly; selling pressure is heavy at high levels, and the price center of gravity keeps shifting downward.
RSI is in a weak state, with a top bearish divergence forming. The downside momentum has not been fully released yet. The key support at 612-618 is tested repeatedly—once it breaks, it will open up a larger downside space.
Enter short positions in the 638-640 range, with the first target at 618. If the support is effectively broken, continue to follow the trend lower and look down with $BNB