From the 4-hour chart of BNB, after experiencing two bearish candles, the rebound process encountered resistance from the upper Bollinger Band and failed to break through effectively. Meanwhile, the KDJ indicator has not formed a golden cross, indicating that upward momentum is relatively weak and there is insufficient upward driving force in the short term.
Suggested action:
Relying on high positions to layout short positions, one can enter in the 905 - 910 range, with a stop-loss set at the 915 position. The initial target below is to pay attention to around 870, and further support can be seen in the 830 - 800 area.
