BNB looks overextended, but the daily trend says otherwise.
🟢 LONG $BNB /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 742.529 – 743.311
TP1: 749.121 (+0.8%)
TP2: 753.255 (+1.4%)
TP3: 759.456 (+2.2%)
SL: 734.652 (-1.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? What I checked: 5/12 agree, 1 against.
• Daily trend up (above EMA50 & EMA200)
• Buyers are driving the move (15m ADX 33.8)
• BTC is rising, this coin follows (corr 0.90)
Watch: Far above its average, pullback likely (+3.6 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 734.652
Verdict: The daily trend is bullish and buyers are in control on the 15-minute chart, but the 1-hour price is more than 3 ATR above its average, which means a pullback is possible.
What level would make you skeptical of this long?
Full setup on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🟢 LONG $BNB /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 742.529 – 743.311
TP1: 749.121 (+0.8%)
TP2: 753.255 (+1.4%)
TP3: 759.456 (+2.2%)
SL: 734.652 (-1.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? What I checked: 5/12 agree, 1 against.
• Daily trend up (above EMA50 & EMA200)
• Buyers are driving the move (15m ADX 33.8)
• BTC is rising, this coin follows (corr 0.90)
Watch: Far above its average, pullback likely (+3.6 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 734.652
Verdict: The daily trend is bullish and buyers are in control on the 15-minute chart, but the 1-hour price is more than 3 ATR above its average, which means a pullback is possible.
What level would make you skeptical of this long?
Full setup on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.