After falling from 698, $BNB is being heavily suppressed by the trend line.

It rebounded around 600 before, looking quite strong, but every time it touched this resistance line, it was pushed back down. Now it has just hit this line again, the position is quite delicate and also dangerous.

The key is whether it can break through this line.

If it can't break, we will have to continue to be bearish.

Even if it does break, we need to wait for it to retest and confirm before considering going long.

This position is a critical point, easily inducing bullish sentiment, so be careful not to act impulsively, and be sure to set a stop loss.

Personally, I feel that BNB is under significant pressure, and it might be worth trying to short around 646-648, targeting 630-628.

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