Hello everyone,
Let’s take a look at the BNB / USDT chart on the 4H interval.
We see the price broke above the downtrend and then turned back.
It is worth paying attention to the support we have in the current situation, the first is at $ 374.3, and if the price does not hold, the next support is at $ 361.8 and $ 344.8.
Now let’s move on to determining the resistance line, if the price returns with the trend, the first resistance will appear at $ 384, the next we have at $ 399 and $ 419.3.
It is worth paying attention to the CHOP indicator which shows that almost all energy was used in the 4H interval.