BNB/USDT: 4H Analysis — Two Potential Recovery Scenarios

BNB has recently experienced a significant corrective phase on the 4-hour timeframe, marked by a Break of Structure (BoS H4) to the downside. The price found temporary support near the $573 level. We are now monitoring two potential bullish recovery paths as the market attempts to mitigate previous sell-side liquidity.

Technical Analysis
Market Structure: Following a series of lower highs and lower lows, the price is currently showing signs of a local bottom. The BoS H4 at approximately $610 remains the key hurdle for bulls to regain full control.

Fibonacci Confluence:
The first major resistance cluster sits between $605 and $619 (0.705 - 1.0 Fib level of the local move).A secondary, higher-range target exists at the $638 - $647 zone (0.618 - 0.705 Fib level of the macro impulse).
Double Scenario Projection:

Scenario 1 (Conservative): A relief rally toward the immediate supply zone near $619, followed by a retest of the lows to build a stronger base. Scenario 2 (Aggressive): A full recovery of the impulsive drop, targeting the higher liquidity pool near the $650 psychological level.
Oscillators: The RSI is emerging from oversold territory, supported by previous Hidden Bullish Divergence (H Bull) signals that suggest a bottoming process is underway.