After the recent breakdown, $BNB continues to respect a clean 4H bearish structure with a sequence of lower highs and lower lows. Price is trading below the 20, 50, and 200 EMAs, all sloping downward, which keeps the broader trend firmly under pressure. The bounce from the sharp selloff failed to reclaim prior supply, confirming that sellers still control the structure.

BNBUSDT
Perp
609.46
+0.10%
The key area now is the recent lower high formed after the relief rally. Price is consolidating just above local support, while momentum on MACD is attempting to curl up but without strong volume expansion, suggesting limited conviction so far.
If $BNB remains capped below that lower high and EMAs continue acting as resistance, continuation toward further downside range expansion becomes more likely. Acceptance back above that supply zone would be required to shift short-term structure.