BNB is in a zone that needs monitoring: the 4h trend leans toward SHORT, while the 15m RSI at 43.8 may cause short-term volatility.
$BNB – SHORT
Trading plan:
Entry: $775.92 – $776.88
SL: $781.20
TP1: $767.75
TP2: $763.59
TP3: $758.79
Why this setup?
• The 4h trend is SHORT, with EMA20 at $769.53 and EMA50 at $771.79, confirming downward momentum.
• The 15m RSI is 43.8; the 4h RSI is 66.4—wait for price to react in the entry zone.
• The 1h ATR is $3.2021; TP1 is set based on a risk/reward ratio of 1.8.
Discussion:
Is the short-term momentum enough to confirm the move toward TP1, or will price sweep the SL area before continuing?
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$BNB – SHORT
Trading plan:
Entry: $775.92 – $776.88
SL: $781.20
TP1: $767.75
TP2: $763.59
TP3: $758.79
Why this setup?
• The 4h trend is SHORT, with EMA20 at $769.53 and EMA50 at $771.79, confirming downward momentum.
• The 15m RSI is 43.8; the 4h RSI is 66.4—wait for price to react in the entry zone.
• The 1h ATR is $3.2021; TP1 is set based on a risk/reward ratio of 1.8.
Discussion:
Is the short-term momentum enough to confirm the move toward TP1, or will price sweep the SL area before continuing?
Click here to trade 👇