The breakout and confirmation are in sync. The four-hour price action for $BNB is actually quite clear—the price has yet to reclaim the moving averages, which remain stacked bearishly overhead, pointing to a downward trend. There’s no need to overcomplicate the chart: a rebound into the resistance zone could offer an opportunity to go with the trend and look for a pullback. Volume hasn’t supported the bulls either; the weak rebound suggests selling pressure remains overhead.
Take partial profits at the first target and move your stop to breakeven. After that, just follow the price structure. The only thing to watch out for is a sudden surge in volume that pushes the price back above the moving averages—in that case, we’ll need to reassess.
🔴 Trade direction: Short
📍 Entry range: 681.577 – 682.938
🛑 Stop loss: 693.894
🎯 Take profit 1: 673.530
🎯 Take profit 2: 667.711
🎯 Take profit 3: 658.984
No need to chase the winds of change; they’ll stay as long as they’re meant to.
Stand alongside Sister Li, and let every moment resonate.
#BNB
Tap below to trade 👇
Take partial profits at the first target and move your stop to breakeven. After that, just follow the price structure. The only thing to watch out for is a sudden surge in volume that pushes the price back above the moving averages—in that case, we’ll need to reassess.
🔴 Trade direction: Short
📍 Entry range: 681.577 – 682.938
🛑 Stop loss: 693.894
🎯 Take profit 1: 673.530
🎯 Take profit 2: 667.711
🎯 Take profit 3: 658.984
No need to chase the winds of change; they’ll stay as long as they’re meant to.
Stand alongside Sister Li, and let every moment resonate.
#BNB
Tap below to trade 👇