Hello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price has moved sideways from the uptrend line, and what's more, we can see how the price is staying on the local downtrend line.
Let's start, however, by defining the goals for the near future that the price must face:
T1 = $714
T2 = $730
T3 = $743
T4 = $756
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $703
SL2 = $686
SL3 = $672
SL4 = $658
SL5 = $638