Binance Coin (BNB) on the H4 chart from 7 June to 16 June shows a clear downtrend after a sharp rally to the 632‑level. The series of lower highs—around 610, 608, 607 and 605—paired with lower lows confirms bearish momentum. Volume peaked during the rally (≈26 k contracts) and has been steadily tapering, indicating waning buying pressure and a loss of bullish conviction. The sell entry near 606.8 sits just below the most recent swing high and aligns with a short‑term resistance cluster at 608‑610. A stop at 621 protects against a potential bounce to the prior high zone around…

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