BNB/USDT 4h chart review
Hello everyone, let's look at the current situation of BNB in the USDT pair considering the four-hour interval. In this situation, we can see how the price, despite the rebound, remains above the local upward trend line.
Let's start by setting goals for the near future, which include:
T1 = $613
T2 = $626
T3 = $652
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $592
SL2 = $579
SL3 = $559
SL4 = $545
Looking at the RSI indicator, the recovery resulted in a significant move on the indicator, but there is still room for a larger decline.
Let's start by setting goals for the near future, which include:
T1 = $613
T2 = $626
T3 = $652
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $592
SL2 = $579
SL3 = $559
SL4 = $545
Looking at the RSI indicator, the recovery resulted in a significant move on the indicator, but there is still room for a larger decline.
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