The cryptocurrency market continues to sail in complex global economic conditions as BNB trades within a strict consolidation range between $ 636 and $ 646, according to the technical analysis data model of Cindensk Research.
The action of the price of the token shows resilience in the midst of international commercial disputes, with higher minimums that are formed from recent falls, while the resistance remains firm around the area of $ 643- $ 645.
The decrease in volume volatility suggests the accumulation of energy for a potential breakup, although the direction remains uncertain since merchants closely control technical patterns and macroeconomic developments that affect the feeling of the market.
TECHNICAL ANALYSIS
- BNB negotiated within a narrow range of $ 9.67 (1.52%) between $ 636.25 and $ 645.92 in 24 hours.
- Price formed a series of higher minimums since the fall of 13:00, establishing support around $ 638- $ 640.
- The resistance arose about $ 643- $ 645 with notable volume peaks during recovery manifestations.
- The closing price of $ 642.59 suggests a neutral bias to light of the light since BNB keeps the position above the average range.
- The decrease in volume volatility indicates the accumulation of potential energy for a more decisive movement.
- In the last hour, BNB showed a bullish impulse, rising from $ 641.21 to $ 643.09 (0.29% gain).
- There were significant volume peaks during the movements ascending to 01: 54-01: 55 when BNB broke over $ 642.60.
- A brief setback at $ 640.57 at 01:32 established a solid support zone with aggressive purchases.
- The closing per hour showed consolidation near the discharge, which suggests a continuous potential of bullish trend.
- The immediate resistance is at $ 643.25.
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