BNB rebounded after falling to the second support level. Today, pay close attention to the level of 711.3. As long as it holds above this level on the 4-hour chart, a smaller-scale rally can begin to drive a 4-hour rebound. The upper target/resistance levels to watch are around 718.3-724.6-731.4! (If it holds above 718, the daily chart will also enter a bullish phase).
If the smaller scale rebound fails to hold above 711.3 today, it indicates that the rebound lacks strength and the market will still struggle to rise, continuing to fall. The lower support levels to watch are around 701.5-694.4-686.7!
