BNB/USDT 1D Chart Review

Hello everyone, I invite you to review the BNB chart taking into account the one-day interval. We can start by marking the local triangle with blue lines, as you can see we are approaching the exit of a specific product.

Let's start by marking the support spots for the price and we see that the price stays just below the support at $240.72, then we have a strong support zone from $235 to $228, however if the price goes lower, we have the next support at $220.

Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the zone from $244 to $248, then there is the second zone from $251 to $255, and then the strong resistance at $261.

The CHOP index indicates that there is a lot of energy to move, while the RSI moves around the middle of the range, which in combination with the STOCH indicator, we can see the price rebound.