Binance Coin/TetherUS is currently trading around $599.1 on the 1-hour chart. The chart shows a sideways trend with the price fluctuating between support and resistance levels.

Key resistance levels to monitor are at $603.8 and $609.0. Support levels to watch include $592.4 and $587.2. The current volume is 9.025K BNB, reinforcing the sideways trend.

For a potential trading strategy, consider entering a long position if the price breaks above the $603.8 resistance level and closes above it. Set a stop-loss at $587.2 to manage risk. Set take-profit targets at $609.0 and $615.0.

This approach helps in capitalizing on a potential uptrend while managing potential downside risk. Follow for more; you’ll earn better with us.