BNB / USDT 1H INTERVAL, STOPLOSS AND TARGETS

Hello everyone, let's look at the BNB to USDT chart on a 1-hour timeframe. As you can see, the price is moving above the local uptrend line.

Let's start with the support line and as you can see the first support in the near future is $326.4, if the support is broken then the next support is $324.2, $322.2 and $319.2.

Now let's move to the resistance line, as you can see the first resistance is $330.2, if you manage to break it, the next resistance will be $332.7, $335.9 and $340.1.

Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD is on the verge of entering a downtrend, while the RSI has a rebound.