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BNB Analysis
The hourly K-line rebounded to 666.43 but faced resistance and pulled back, with the lowest touching 641.12. Currently, it is oscillating around 647. The MA7 and MA30 have formed a death cross, with short-term moving averages showing clear resistance, indicating a clear bearish trend.
Volatility increased on Non-Farm Payrolls night, with BNB moving in tandem with Bitcoin. The trend remains downward. A rebound to the 650-655 range is an ideal shorting point. Next levels to watch are 640-620-600. A break below could lead to a medium- to long-term target of 580.
$BTC $GT