Despite declining volatility, BNB trades in a narrow range.
According to CoinDesk Research's technical analysis data model, BNB is trading within a narrow consolidation range between $636 and $646 as the cryptocurrency market continues to negotiate tough global economic conditions.
In the face of global trade tensions, the token's price action is resilient; higher lows have formed since previous declines, and resistance is still strong in the $643–$645 range.