BNB is ignoring the daily range and sliding
đ´ SHORT $BNB /USDT: expecting price to go DOWN
Bias: SHORT ¡ Strong
Entry: 693.272 â 694.148
TP1: 687.394 (-0.9%)
TP2: 683.183 (-1.5%)
TP3: 676.867 (-2.4%)
SL: 702.131 (+1.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 signals agree, 0 against.
⢠4h trend down (below EMA50 & EMA200)
⢠1h trend down (below EMA50 & EMA200)
⢠Sellers are driving the move (15m ADX 29.9)
In plain words:
The 1h price is below both its EMA50 and EMA200, a bearish stack that has held through the recent bounce. Sellers are in control on the 4h trend and the 1h trend, with the 1h RSI at 30.9 showing continued bearish momentum. The 4h RSI is also below 45 at 37.5, confirming the short-term slide. The 15m ADX reads 29.9 with the DI minus at 36.3 far above the DI plus at 12.6, meaning the selling pressure is dominant and driving the move. BTC is trending bearish and the correlation sits at 0.84, so BNB tends to follow that weakness.
Where would you place your own invalidation level?
Full setup on the chart below.
đ˛ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ď¸ Personal market analysis only. NFA â 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.
đ´ SHORT $BNB /USDT: expecting price to go DOWN
Bias: SHORT ¡ Strong
Entry: 693.272 â 694.148
TP1: 687.394 (-0.9%)
TP2: 683.183 (-1.5%)
TP3: 676.867 (-2.4%)
SL: 702.131 (+1.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 signals agree, 0 against.
⢠4h trend down (below EMA50 & EMA200)
⢠1h trend down (below EMA50 & EMA200)
⢠Sellers are driving the move (15m ADX 29.9)
In plain words:
The 1h price is below both its EMA50 and EMA200, a bearish stack that has held through the recent bounce. Sellers are in control on the 4h trend and the 1h trend, with the 1h RSI at 30.9 showing continued bearish momentum. The 4h RSI is also below 45 at 37.5, confirming the short-term slide. The 15m ADX reads 29.9 with the DI minus at 36.3 far above the DI plus at 12.6, meaning the selling pressure is dominant and driving the move. BTC is trending bearish and the correlation sits at 0.84, so BNB tends to follow that weakness.
Where would you place your own invalidation level?
Full setup on the chart below.
đ˛ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ď¸ Personal market analysis only. NFA â 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.
