Hello, traders welcome you all to another chart update on BNB/USDT.
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As we can see from the above-mentioned chart that BNB/USDT moved downside by 6% from the $231 price level.
In the current scenario BNB currently trading on a support zone at the price level of $222 and is holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above.
MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode.
Candle close above the $230 price level will trigger bullish mode towards the price level of $245.
Candle close below the current support zone will lead ETH towards its lower price levels.
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