BNB is in a zone to watch: the 4h trend leans SHORT, while the 15m RSI at 88.6 could create short-term volatility.
$BNB – SHORT
Trade plan:
Entry: $743.55 – $745.11
SL: $752.16
TP1: $730.24
TP2: $723.46
TP3: $715.64
Why this setup?
• The 4h trend is SHORT, with EMA20 at $748.16 and EMA50 at $760.41, confirming downward momentum.
• The 15m RSI is at 88.6; the 4h RSI is at 45.1, so wait for the price reaction around the entry zone.
• The 1h ATR is $5.2171; TP1 is set at a 1.8 risk-reward ratio.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BNB – SHORT
Trade plan:
Entry: $743.55 – $745.11
SL: $752.16
TP1: $730.24
TP2: $723.46
TP3: $715.64
Why this setup?
• The 4h trend is SHORT, with EMA20 at $748.16 and EMA50 at $760.41, confirming downward momentum.
• The 15m RSI is at 88.6; the 4h RSI is at 45.1, so wait for the price reaction around the entry zone.
• The 1h ATR is $5.2171; TP1 is set at a 1.8 risk-reward ratio.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇