On the H4 chart BNBUSD has been carving a descending channel since early June. The recent high of 617.9 was rejected on strong volume, while the subsequent pull‑back to the 605‑610 zone saw dwindling participation, indicating waning buying interest. Each swing low has been lower, with the latest low around 602‑603 forming a clear resistance‑turned‑support line. Volume spikes on the 618‑620 candles reinforced the bearish pressure, and the lack of bullish follow‑through suggests the market is running out of momentum. The price is now testing the former high‑low pivot at ~608, a key resistance that also aligns with the 4‑hour…

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