On the H4 chart of BNBUSD, Binance Coin has been trading in a tight range between roughly 595 and 610 over the past ten days. The last bullish impulse to around 608 was met with a decisive rejection; the candle closed below its open, forming a bearish engulfing pattern that broke the short‑term upward bias. Volume during the upward thrust was modest, and the subsequent pull‑back saw a noticeable rise in traded volume, confirming selling pressure. The lack of higher highs and the emergence of a descending trendline from the 620‑level suggest that the recent high is now acting as…

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