🔻 $BNB /USDT SHORT SETUP – BEARS ARE IN CONTROL! 📉
BNB remains below both 4H EMAs, with EMA50 trading below EMA200, confirming a bearish market structure.
With BTC also showing weakness, further downside pressure on BNB is possible.
🎯 SHORT TRADE PLAN
📍 Entry Zone: $681.731 – $682.629
💰 Take Profit Targets:
- TP1: $675.156 (-1.0%)
- TP2: $670.474 (-1.7%)
- TP3: $663.450 (-2.7%)
🛑 Stop Loss: $691.545 (+1.4%)
📊 Trade Management:
- Close 50% at TP1.
- Close 25% at TP2.
- Close remaining 25% at TP3.
- Consider moving SL to breakeven after TP1.
⚠️ Conviction: Moderate. Keep position size light and manage risk carefully.
💵 Current Price: $680.35 (-1.32%)
👀 BTC weakness and the bearish 4H structure are key factors to watch.
Do you agree that sellers will maintain control, or could BNB surprise the market with a bullish reversal?
DYOR | NFA. Educational market analysis only, not financial advice.
#BNB #CryptoTrading #BinanceSquare #TechnicalAnalysis #BNBUSDT
BNB remains below both 4H EMAs, with EMA50 trading below EMA200, confirming a bearish market structure.
With BTC also showing weakness, further downside pressure on BNB is possible.
🎯 SHORT TRADE PLAN
📍 Entry Zone: $681.731 – $682.629
💰 Take Profit Targets:
- TP1: $675.156 (-1.0%)
- TP2: $670.474 (-1.7%)
- TP3: $663.450 (-2.7%)
🛑 Stop Loss: $691.545 (+1.4%)
📊 Trade Management:
- Close 50% at TP1.
- Close 25% at TP2.
- Close remaining 25% at TP3.
- Consider moving SL to breakeven after TP1.
⚠️ Conviction: Moderate. Keep position size light and manage risk carefully.
💵 Current Price: $680.35 (-1.32%)
👀 BTC weakness and the bearish 4H structure are key factors to watch.
Do you agree that sellers will maintain control, or could BNB surprise the market with a bullish reversal?
DYOR | NFA. Educational market analysis only, not financial advice.
#BNB #CryptoTrading #BinanceSquare #TechnicalAnalysis #BNBUSDT
