The real easy money often comes after the reversal. $BNB is now looking too far from the moving averages. Most people’s first instinct is to wait for a bounce, but that bounce is exactly where the bears can get positioned. Both the four-hour and one-hour trends are pointing down, and sellers are still pushing the price lower. I don’t chase lows in this kind of market; it’s safer to wait for the price to bounce back into the upper range before making a move.
First, look toward the previous low and take half the profit there. Then move the stop on the rest to your entry price and let the market play out. We trade structure, not guesses about the bottom. Until a key level is reclaimed, I’m still leaning bearish.
🔴 Trade direction: Short
📍 Entry range: 713.373 – 714.085
🛑 Stop loss: 723.386
🎯 Take profit 1: 706.487
🎯 Take profit 2: 701.658
🎯 Take profit 3: 694.414
There’s no need to chase the wind; it will settle in its own time.
Stand alongside Sister Li, and let every moment resonate.
#BNB
Click below to trade 👇
First, look toward the previous low and take half the profit there. Then move the stop on the rest to your entry price and let the market play out. We trade structure, not guesses about the bottom. Until a key level is reclaimed, I’m still leaning bearish.
🔴 Trade direction: Short
📍 Entry range: 713.373 – 714.085
🛑 Stop loss: 723.386
🎯 Take profit 1: 706.487
🎯 Take profit 2: 701.658
🎯 Take profit 3: 694.414
There’s no need to chase the wind; it will settle in its own time.
Stand alongside Sister Li, and let every moment resonate.
#BNB
Click below to trade 👇