BNBUSD Could Be Setting Up for Another Heavy Flush

BNB is still trading inside a broad range on the daily chart, but the overall structure continues to look weak. Price has been struggling to break above the 100 EMA, and every recovery attempt is getting sold into before a real breakout can happen. The recent bounce from the $570 area was decent, but buyers still failed to build strong momentum above resistance.

Right now, BNB is sitting near the top of the local range, which makes this area important. If the price gets rejected here again and starts losing strength, it would keep the bearish structure active. The chart also shows that the market has been making lower highs since the bigger decline started, which usually points toward sellers staying in control.

The key level to watch is $610. As long as BNB stays below that zone, the downside outlook remains valid. A rejection from the current area could send the price back toward $570 first.

If selling pressure increases below that support, the next downside targets come in around $480 and $450. Until BNB clearly reclaims the major resistance zone, the chart still leans bearish overall.

We will update further information soon.
BrightRally_Research