BNB is at a level worth watching: the 4h trend leans SHORT, while the 15m RSI at 66.4 could cause short-term volatility.
$BNB – SHORT
Trade plan:
Entry: $721.88 – $722.64
SL: $726.10
TP1: $715.35
TP2: $712.02
TP3: $708.18
Why this setup?
• The 4h trend is SHORT, with EMA20 at $729.16 and EMA50 at $739.19, confirming downward momentum.
• The 15m RSI is at 66.4; the 4h RSI is at 42.3, so wait for the price reaction at the entry zone.
• The 1h ATR is $2.5593; TP1 is set at a 1.8 risk/reward ratio.
Debate:
Is short-term momentum strong 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: $721.88 – $722.64
SL: $726.10
TP1: $715.35
TP2: $712.02
TP3: $708.18
Why this setup?
• The 4h trend is SHORT, with EMA20 at $729.16 and EMA50 at $739.19, confirming downward momentum.
• The 15m RSI is at 66.4; the 4h RSI is at 42.3, so wait for the price reaction at the entry zone.
• The 1h ATR is $2.5593; TP1 is set at a 1.8 risk/reward ratio.
Debate:
Is short-term momentum strong enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇