#BNB_Market_Update
Current Scenario
I have taken a 20X short position and currently am at +41% profit! (Entry: ₹872.6 → Current: ₹855.2)
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Key Levels – Important Levels
** Support Levels:**
₹820–₹830 (Strong floor zone, has been tested multiple times before)
₹840, ₹830, ₹820 (FXLeaders report)
** Resistance Levels:**
₹861–₹872 (Previous swing high that could break and create a new bullish move)
₹861, ₹884, ₹901 (High-level resistance boundaries)
** Pivot / Critical Zones:**
₹861–₹872 resistance zone — A close above this could start a new rally.
₹820–₹830 support zone defense — If successful, the possibility of a bullish move again.
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Trade Setup – Entry & Exit Levels
Level Role Suggestion
Entry (Short Entry) Take short near ₹870 Wait for a high resistance to come down
Stop-Loss Above ₹875–₹880 To avoid false breakout
Take Profit (TP1) ₹840–₹835 (First Support Zone) Book partial profit at the first support
Take Profit (TP2) ₹820–₹830 (strong support) Final target for good risk-reward trade
Current Scenario
I have taken a 20X short position and currently am at +41% profit! (Entry: ₹872.6 → Current: ₹855.2)
---
Key Levels – Important Levels
** Support Levels:**
₹820–₹830 (Strong floor zone, has been tested multiple times before)
₹840, ₹830, ₹820 (FXLeaders report)
** Resistance Levels:**
₹861–₹872 (Previous swing high that could break and create a new bullish move)
₹861, ₹884, ₹901 (High-level resistance boundaries)
** Pivot / Critical Zones:**
₹861–₹872 resistance zone — A close above this could start a new rally.
₹820–₹830 support zone defense — If successful, the possibility of a bullish move again.
---
Trade Setup – Entry & Exit Levels
Level Role Suggestion
Entry (Short Entry) Take short near ₹870 Wait for a high resistance to come down
Stop-Loss Above ₹875–₹880 To avoid false breakout
Take Profit (TP1) ₹840–₹835 (First Support Zone) Book partial profit at the first support
Take Profit (TP2) ₹820–₹830 (strong support) Final target for good risk-reward trade