๐ BYD โ BEARISH TREND & MOVING AVERAGE PRESSURE! ๐ด
$BYD (BYD) is trading lower at 9.93 (-1.10%), moving within a 24h range between a high of 10.10 and a low of 9.86. Price action on this 4H chart remains under heavy downward pressure, trading below the fast MA(7) (10.00), MA(25) (10.03), and the major structural MA(99) (10.22).
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 9.50โ9.75 (on confirmed trend reversal and stabilization near local demand/support zones)
๐ STOP LOSS: 9.30
๐ฏ TP1: 10.20
๐ฏ TP2: 10.55
Are you staying defensive on BYD while it tests lower levels, or looking for a reversal setup? Let's discuss below! ๐
๐ Trade: $BYD
#BYD #CryptoTrading #BinanceSquare #bearish #TradingSignal
$BYD (BYD) is trading lower at 9.93 (-1.10%), moving within a 24h range between a high of 10.10 and a low of 9.86. Price action on this 4H chart remains under heavy downward pressure, trading below the fast MA(7) (10.00), MA(25) (10.03), and the major structural MA(99) (10.22).
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 9.50โ9.75 (on confirmed trend reversal and stabilization near local demand/support zones)
๐ STOP LOSS: 9.30
๐ฏ TP1: 10.20
๐ฏ TP2: 10.55
Are you staying defensive on BYD while it tests lower levels, or looking for a reversal setup? Let's discuss below! ๐
๐ Trade: $BYD
#BYD #CryptoTrading #BinanceSquare #bearish #TradingSignal
