$BNB LONG setup forming on the 1H chart
$BNB · LONG · Conf 70%
Trade Plan:
Entry: 696.90 - 698.08
SL: 692.26
TP1: 703.32
TP2: 708.55
TP3: 713.79
TP4: 719.02
R:R about 2.1 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
BNB/USDT 698.08, +1.46% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 below EMA50, short-term momentum down
- 4H trend supportive
- RSI(14) at 64.5 with volume x1.94 against the 20-bar average.
- Invalidation is unambiguous: through 692.26 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 694.62 · 676.98 | R 699.92 · 716.69
Debate:
BNB has run a long way already. Do you add here, or wait for it to prove itself again?
Trade BNB: spot https://www.binance.com/en/trade/BNB_USDT | futures https://www.binance.com/en/futures/BNBUSDT
$BNB #BNB #Write2Earn #TradingSignals #Breakout
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$BNB · LONG · Conf 70%
Trade Plan:
Entry: 696.90 - 698.08
SL: 692.26
TP1: 703.32
TP2: 708.55
TP3: 713.79
TP4: 719.02
R:R about 2.1 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
BNB/USDT 698.08, +1.46% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 below EMA50, short-term momentum down
- 4H trend supportive
- RSI(14) at 64.5 with volume x1.94 against the 20-bar average.
- Invalidation is unambiguous: through 692.26 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 694.62 · 676.98 | R 699.92 · 716.69
Debate:
BNB has run a long way already. Do you add here, or wait for it to prove itself again?
Trade BNB: spot https://www.binance.com/en/trade/BNB_USDT | futures https://www.binance.com/en/futures/BNBUSDT
$BNB #BNB #Write2Earn #TradingSignals #Breakout
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
