Binance Coin / TetherUS
Short

Short-term BNB / USDT analysis on the 1H interval

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Hello everyone, let's take a look at the 1H BNB to USDT chart as you can see the price is moving above the local uptrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 276.7
T2 - $ 277.7
T3 - $ 278.6
T4 - $ 280
and
T5 - $ 281.9

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 274.3
SL2 - $ 273.1
SL3 - $ 272
SL4 - $ 271
and
SL5 - $ 269.5

Looking at the CHOP indicator, we can see that in the 1H range we have more and more energy, while the MACD indicator shows a local upward trend.

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