BNB price is maintaining a slight uptrend around $787.20, retesting the 4h EMA20 zone ($774.31) after breaking above short-term resistance.
$BNB – LONG
Trading plan:
Entry: $786.25 – $788.17
SL: $777.65
TP1: $804.42
TP2: $812.71
TP3: $822.28
Why this setup?
• The 4h trend is LONG; EMA20=$774.31, EMA50=$751.19.
• RSI 15m=46.0; RSI 4h=62.4.
• ATR 1h=$6.3757; the entry is around the current price, TP1 has an R:R of 1.8.
Discussion:
If buying momentum drives the price to TP1 $804.42, the path up to TP2/TP3 will open wider; alternatively, losing $777.65 could push price to test the EMA50 $751.19.
Click here to trade 👇
$BNB – LONG
Trading plan:
Entry: $786.25 – $788.17
SL: $777.65
TP1: $804.42
TP2: $812.71
TP3: $822.28
Why this setup?
• The 4h trend is LONG; EMA20=$774.31, EMA50=$751.19.
• RSI 15m=46.0; RSI 4h=62.4.
• ATR 1h=$6.3757; the entry is around the current price, TP1 has an R:R of 1.8.
Discussion:
If buying momentum drives the price to TP1 $804.42, the path up to TP2/TP3 will open wider; alternatively, losing $777.65 could push price to test the EMA50 $751.19.
Click here to trade 👇
