BNB is currently moving in a tightening range after recovering from the recent drop toward $570.
The $641 area continues to act as resistance, while trading volume has been fading as price compresses.
In technical analysis, this type of setup can sometimes lead to a stronger move once support or resistance finally breaks.
Traders are mainly watching the $642 level on the upside and the $618 area as nearby support.
Until a clearer breakout happens, the market remains range-bound.