BNB is in a zone to watch: the 4h trend leans SHORT, while the 15m RSI at 62.4 could cause short-term volatility.
$BNB – SHORT
Trade plan:
Entry: $739.74 – $741.16
SL: $747.57
TP1: $727.63
TP2: $721.46
TP3: $714.34
Why this setup?
• The 4h trend is SHORT, with EMA20 at $759.52 and EMA50 at $767.32, confirming downward momentum.
• The 15m RSI is at 62.4; the 4h RSI is at 27.2, so wait for the price reaction around the entry zone.
• The 1h ATR is $4.7471; TP1 is set at a 1.8 risk/reward ratio.
Debate:
Is short-term momentum enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$BNB – SHORT
Trade plan:
Entry: $739.74 – $741.16
SL: $747.57
TP1: $727.63
TP2: $721.46
TP3: $714.34
Why this setup?
• The 4h trend is SHORT, with EMA20 at $759.52 and EMA50 at $767.32, confirming downward momentum.
• The 15m RSI is at 62.4; the 4h RSI is at 27.2, so wait for the price reaction around the entry zone.
• The 1h ATR is $4.7471; TP1 is set at a 1.8 risk/reward ratio.
Debate:
Is short-term momentum enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇