$BNB is in a short-term bearish structure, with lower highs and lower lows developing on the 1H chart.

Price is consolidating just above the $707.04 support, while $718–$724 remains the key resistance zone; a clean break below $707 would favor bearish continuation.

EP 706–709
TP 703 / 700 / 696
SL 713

The bearish setup remains valid while price stays below $718, with a sustained reclaim above $718 invalidating the continuation setup.