$BNB /USDT 4-Hour Chart Analysis

Current Price: $648.20 (-1.93%)

24H High/Low: $664.39 / $645.04

24H Vol: 266,729.95 BNB

Analysis:

BNB/USDT saw a strong uptrend, peaking at $672.00 with high volume, but reversed sharply with selling pressure, dropping to $648.20. Recent candles show indecision smaller green candles after the drop suggest consolidation.

Bearish Bias: Price rejected at $672.00, struggling below $650.00. Key support at $645.00 if broken, we might see $644.00 or lower.

Bullish Case: Needs to reclaim $650.00 and break $672.00 to resume the uptrend.

Volume: Spiked during the rally, now lower, hinting at indecision