BNB price started a downside correction from the $585 zone. The price must stay above $570 to start a fresh increase in the near term.
BNB price started a fresh decline after it failed to clear the $585 resistance zone.
The price is now trading below $580 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support near $570 on the hourly chart of the BNB/USD pair (data source from Binance).
The pair could start a fresh increase if it stays above the $570 support.