3.25 BNB Morning Analysis

BNB fell briefly to the 625 line during morning trading and formed only weak support, with insufficient rebound momentum and notably weak buying interest from bulls. The four-hour level just experienced a waterfall-like sharp decline, breaking through the lower Bollinger Band and continuing to oscillate weakly along the lower band. Short-term moving averages show bearish alignment, and the mid-term downtrend remains intact without change. The hourly level shows repeated rallies followed by pullbacks, with declining rebound highs at each level, indicating clear bearish dominance. The low-level consolidation appears more likely to be building strength for a continued decline rather than a trend reversal signal.

Technical indicators show MACD maintaining a death cross pointing downward, RSI in a weak low-range area with no obvious divergence or stabilization signals yet. Overall, the market is dominated by bearish sentiment, and any rebounds should be viewed as high-level shorting opportunities.

Trading Recommendations

Short near 642-644, target around 620-622