BNB price quickly recovers after the last correction

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Hello everyone, let's take a look at the BNB to USDT chart on the 1D Interval. As you can see, the price momentarily fell below the local uptrend line, and then quickly returned to this line.

Let's start with the designation of the support line and as you can see the first support in the near future is $ 408, if the support breaks down, the next one is $ 392 and $ 375.

Now let's move from the resistance line as you can see the first resistance is $ 455, if you can break it the next resistance will be $ 495 and $ 537.

Looking at the CHOP indicator, we can see that in the 1D interval, after the last correction, we have a lot of energy and we can expect movement.

Penafian

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