๐ฐ Trading Plan | BNBUSDT.P ๐ฅ
๐น Context
- 4H Bias: Bullish
After a strong pump creating a BOS (640 -> 750), price is currently pulling back to the 4H demand zone.
- Selling volume is gradually decreasing
- OI is decreasing => Retail LONGs are getting closed
- Funding rate is stable
๐น Today's trade scenario
๐ธ Plan A: LONG continuation at 4H Demand (670-678)
Wait for price to return to the 4H Demand, then drop to 5m to look for confirmation of a reversal.
Conditions on 5m:
- OI stops decreasing
- Volume starts to increase again
- Confirmation: CHoCH + BOS
๐ธ Plan B: SHORT retest if we breakdown 4H Demand
- H1/H4 candle closes below 670
- Volume spikes
- OI increases
=> New money entering, not a stop hunt.
Look for SHORT opportunities on a pullback up to retest 670.
Target: 4H SWL below (629)
$BNB
#BNB #trading #futures #ThuyBNB
๐น Context
- 4H Bias: Bullish
After a strong pump creating a BOS (640 -> 750), price is currently pulling back to the 4H demand zone.
- Selling volume is gradually decreasing
- OI is decreasing => Retail LONGs are getting closed
- Funding rate is stable
๐น Today's trade scenario
๐ธ Plan A: LONG continuation at 4H Demand (670-678)
Wait for price to return to the 4H Demand, then drop to 5m to look for confirmation of a reversal.
Conditions on 5m:
- OI stops decreasing
- Volume starts to increase again
- Confirmation: CHoCH + BOS
๐ธ Plan B: SHORT retest if we breakdown 4H Demand
- H1/H4 candle closes below 670
- Volume spikes
- OI increases
=> New money entering, not a stop hunt.
Look for SHORT opportunities on a pullback up to retest 670.
Target: 4H SWL below (629)
$BNB
#BNB #trading #futures #ThuyBNB
