📊 Trade Setup: $BNB — Breakdown Continuation Short Setup
BNB lost the 4H uptrend channel and fell sharply below all EMAs. Momentum is strongly bearish with 1H RSI oversold but no confirmed reversal.
🔻 Short Entry: 820–828 USDT (retest of EMA20 + prior range floor)
🎯 Take-Profit Targets:
TP1: 805 USDT – Local wick
TP2: 785–795 USDT – Major 4H demand
🛑 Stop-Loss: ❌ 835–838 USDT (above 1H EMA50)
Risk:Reward: ~1:2+
⚠️ Risk Factors
BNB liquidity is thinner than BTC/ETH; spikes happen fast.
If price reclaims 838, bearish structure invalid.
Watch SOL & BTC correlation.
