Alright, here's the TL;DR on that $BNB 1-hour chart:
1. Resistance Zone (639-644)
- I've boxed in that price band nicely - every time BNB pokes into it, it pulls back.
2. Momentum Indicators
- ADX ~49: Tells us the current trend is pretty strong.
- +DI (28.7) vs -DI (10.5): Bulls still have the edge.
- RSI ~64: Not quite overbought yet, still room to run.
- MACD Hist is slightly negative but closing the gap on the signal line - could flip green soon if momentum picks up.
- Stoch just came out of oversold, so a fresh short-term bounce is in play.
3. Volume
- Volume has been kinda sleepy in the resistance zone. A real breakout will need a decent uptick in candles volume
BNB is flirting with that 639–644 barrier, and with ADX so strong and RSI not overdone, a break above 644 looks like the path of least resistance—provided we finally get a burst of buying volume. If that happens, watch for a swift run toward ~650–660.
But if the bulls can’t muster more volume, expect another rejection and a quick trip back down to the 630 area (or even lower toward ~620) to shake out weak hands before trying again