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May 12 midday BNB outlook: the upper band is under pressure + a bearish divergence signal; bullish momentum is exhausting!
Following Bitcoin’s pattern, it first stretches upward then pulls back, rebounding to around 673, before moving lower—showing that sell pressure overhead is heavy! The 4-hour MACD has formed a bearish divergence; the red bars continue to narrow, and the RSI, after turning in the overbought zone, is now tipping downward.
No positions in the 680-695 range; defend at 648; the first target is 645#Gate广场五月交易分享 $BNB