$BNB is displaying signs of a short-term recovery, trading near $621 after a modest 2.64% intraday gain. This bounce follows a sharp selloff earlier in February that saw the asset test a local bottom near $587.
While current momentum has reclaimed the $600 psychological floor, the price remains capped by immediate resistance at $663. A decisive break above this level is required to shift the broader bearish structure toward the $700 target.