BNB dipped to the 626 area overnight and rebounded to 641 but failed to sustain the momentum. On the four-hour level, after the previous surge to 687, the overall downtrend channel remains intact.

Although the short-term broke through the mid-band resistance, there are no signs of a reversal yet, and the smaller timeframe is currently trading in a range-bound pattern.

For intraday trading, watch for a pullback first. Consider going long only after pullback support is confirmed. Reference the 641-645 area for shorting, with downside targets around the 632-625 area.