Hello everyone, let’s take a look at the BNB to USDT chart on the 1D Interval. As you can see, the price is moving in the uptrend channel .

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 380, if the support breaks down, the next one is $ 359.

Now let’s move from the resistance line as you can see the first resistance is $ 407, if you can break it the next resistance will be $ 417 and $ 427.

Looking at the CHOP indicator , we can see that in the 1D interval we have a lot of energy, while the MACD indicator shows that the blue line has cut the red one from below, which may confirm the upward trend.