BNB experienced a round of bullish and bearish tug-of-war in the morning. Currently, it faces resistance around the 620 level.

The four-hour chart remains in a downward channel, with all rebounds suppressed by the bears. The hourly chart shows that after a short-term consolidation and rebound, although there was a series of positive candles, it failed to sustain the breakout above the upper band, followed by a bearish pullback. Overall, the rebound strength is relatively weak.

In terms of strategy, consider short positions on intraday rebounds, and look for long entries after a pullback. You can refer to the 620–625 zone for setting up short positions.