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BNB, the rebound continues 🈳
Similarly, it follows the main bearish trend in sync: from 746 at the end of last month, it fell all the way to 556 last Friday. The nearly 190-point drop is, for 🈳-jun, a super-luxury feast.
Of course, after the drop, there will usually be a repair-and-adjust move within the normal trend. The current short-term rebound to 611 hasn’t been able to continue, and the momentum is still limited. After the rebound, the four-hour price is under pressure in the upper rail area. It’s clear the short-term upward action lacks follow-through, and the short-term rebound hasn’t brought any change to the main 🈳 head formation. Going forward, just keep focusing on the high 🈳.
Refer to the 🈳 range of 601–608; look for downside toward 580–570.