The VELVET strategy we shared earlier hit its profit target in the previous round. Truly attractive risk-to-reward opportunities are often hidden behind traps. $BNB looks a little overextended now, but if we zoom out, both the daily and one-hour charts are above their moving averages. The bullish structure is actually quite solid, and buyers are still driving the move. I’m not keen on chasing at this level; I’d rather wait for a pullback toward structural support. That feels steadier, with manageable risk and a favorable risk-to-reward ratio.
For upside targets, first look at the daily EMA200 and the four-hour EMA50 area. As long as the one-hour RSI remains in the strong zone, it suggests buyers haven’t left the market. Keep an eye on this: if price falls back below the one-hour EMA50, we’ll need to reassess the bullish thesis. That’s where I’ll admit I was wrong.
🟢 Trade direction: Long
📍 Entry zone: 747.574 – 748.338
🛑 Stop loss: 740.341
🎯 Take profit 1: 753.668
🎯 Take profit 2: 757.476
🎯 Take profit 3: 763.188
There’s no need to chase the winds of change; they’ll come to rest in their own time.
Stand alongside Sister Li, and let every moment resonate.
#BNB
Tap below to trade 👇
For upside targets, first look at the daily EMA200 and the four-hour EMA50 area. As long as the one-hour RSI remains in the strong zone, it suggests buyers haven’t left the market. Keep an eye on this: if price falls back below the one-hour EMA50, we’ll need to reassess the bullish thesis. That’s where I’ll admit I was wrong.
🟢 Trade direction: Long
📍 Entry zone: 747.574 – 748.338
🛑 Stop loss: 740.341
🎯 Take profit 1: 753.668
🎯 Take profit 2: 757.476
🎯 Take profit 3: 763.188
There’s no need to chase the winds of change; they’ll come to rest in their own time.
Stand alongside Sister Li, and let every moment resonate.
#BNB
Tap below to trade 👇