BNB is in a zone that needs monitoring: the 4h trend leans toward SHORT, while the RSI on the 15m timeframe at 47.4 may cause short-term volatility.
$BNB – SHORT
Trading plan:
Entry: $725.52 – $726.88
SL: $732.97
TP1: $714.02
TP2: $708.15
TP3: $701.38
Why this setup?
• The 4h trend is SHORT, with EMA20 at $720.32 and EMA50 at $725.60, confirming the downward momentum.
• RSI 15m is at 47.4; RSI 4h is at 55.9—wait for the price to react at the entry zone.
• 1h ATR is $4.5129; TP1 is set according to a profit/risk ratio of 1.8.
Discussion:
Will short-term momentum be enough confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BNB – SHORT
Trading plan:
Entry: $725.52 – $726.88
SL: $732.97
TP1: $714.02
TP2: $708.15
TP3: $701.38
Why this setup?
• The 4h trend is SHORT, with EMA20 at $720.32 and EMA50 at $725.60, confirming the downward momentum.
• RSI 15m is at 47.4; RSI 4h is at 55.9—wait for the price to react at the entry zone.
• 1h ATR is $4.5129; TP1 is set according to a profit/risk ratio of 1.8.
Discussion:
Will short-term momentum be enough confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
