People involved are quietly building a short position on <i>$BNB </i>/USDT while the daily trend still appears to be bullish.
$BNB - 🟢 SHORT · Conf 81%
Trading plan:
Entry: 708.899 – 710.161
SL: 722.898
TP1: 699.504
TP2: 692.820
TP3: 682.794
Why set this up?
Why now? The 4h timeframe trend is already short, and the 1h ATR of 5.571835 suggests enough volatility to reach TP1 at 699.504 and TP2 at 692.820. The 15m RSI is at 40.37, signaling that a downside momentum is forming right below the entry zone of 708.899 to 710.161. Since the daily trend is still bullish, this is a counter-trend / reversal setup against the larger timeframe trend—higher risk than a trend-following trade—and it requires reducing position size at entry along with strict SL discipline. The invalidation level at 729.056 is the protective boundary for the position if the daily structure turns back.
Debate:
Will we hit TP2, or get stuck before the daily uptrend once again confirms?
Click here to view the chart 👇️
⚠️ This is only personal market analysis. NFA — risk management and DYOR.
Educational content only; not investment advice or a recommendation to buy, sell, deposit, or withdraw any assets. No advertisements or referral/affiliate links are included.
$BNB - 🟢 SHORT · Conf 81%
Trading plan:
Entry: 708.899 – 710.161
SL: 722.898
TP1: 699.504
TP2: 692.820
TP3: 682.794
Why set this up?
Why now? The 4h timeframe trend is already short, and the 1h ATR of 5.571835 suggests enough volatility to reach TP1 at 699.504 and TP2 at 692.820. The 15m RSI is at 40.37, signaling that a downside momentum is forming right below the entry zone of 708.899 to 710.161. Since the daily trend is still bullish, this is a counter-trend / reversal setup against the larger timeframe trend—higher risk than a trend-following trade—and it requires reducing position size at entry along with strict SL discipline. The invalidation level at 729.056 is the protective boundary for the position if the daily structure turns back.
Debate:
Will we hit TP2, or get stuck before the daily uptrend once again confirms?
Click here to view the chart 👇️
⚠️ This is only personal market analysis. NFA — risk management and DYOR.
Educational content only; not investment advice or a recommendation to buy, sell, deposit, or withdraw any assets. No advertisements or referral/affiliate links are included.
