$BNB: WAIT - price is mid bounce, support sits lower.
What happened: BNB fell from near 675 to 622.4 then bounced back near 643.6. Bitcoin flushed to 67449 and stays weak under 70k.
Entry: 630.60, only after price dips to 630.60 and an hourly candle closes back above it.
Stop loss: 620.55, about 1.6 pct below entry.
Target 1: 655.65, gives 1.9 times the risk.
Target 2: 675.30, gives 3.6 times the risk.
Skip buying up here near 655, that top was touched seven times and chasing ruins the reward.
What cancels the idea: two hourly candle closes below 620.55 end it.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
What happened: BNB fell from near 675 to 622.4 then bounced back near 643.6. Bitcoin flushed to 67449 and stays weak under 70k.
Entry: 630.60, only after price dips to 630.60 and an hourly candle closes back above it.
Stop loss: 620.55, about 1.6 pct below entry.
Target 1: 655.65, gives 1.9 times the risk.
Target 2: 675.30, gives 3.6 times the risk.
Skip buying up here near 655, that top was touched seven times and chasing ruins the reward.
What cancels the idea: two hourly candle closes below 620.55 end it.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
