Due to BNB's new staking for a new issue later, the performance overnight was relatively weak, and the first support level was tested twice this morning.
Pay attention to the key level of 705.5; if the price can stabilize above this level, there may be rebounds on the 1-hour, 2-hour, and 4-hour levels in the short term, with target/resistance levels to watch around 713, 722, and 730.
If we cannot break through 705.5 and maintain above it today, it indicates insufficient rebound strength, and it may continue to decline.
The support levels to watch below are around 698.8, 693.5, and 685.7.
