The BTC strategy I shared earlier has already taken profit in the previous round. High-reward opportunities often emerge after confirmation. I’d rather view this rebound at $BNB as an opportunity to go short. On the four-hour chart, price has remained capped by the EMA 50 and EMA 200. The bearish moving-average alignment is still intact, suggesting the broader trend remains downward. You may be wondering: since the RSI isn’t particularly low, does that mean the trend is about to turn bullish?
My view is that momentum is still in the buyers’ hands, but until the market structure shifts, a rebound simply offers a better entry. Don’t focus on just one bullish candle when watching the charts. The key is whether price can break through resistance above. If it can’t, a pullback is more likely. This setup offers a favorable risk-reward ratio, so participate with a small position, take profits in stages, and put risk management first.
🔴 Trade direction: Short
📍 Entry range: 712.064 – 712.865
🛑 Stop loss: 722.307
🎯 Take profit 1: 705.083
🎯 Take profit 2: 700.162
🎯 Take profit 3: 692.780
There’s no need to chase the next big trend; it will come to you in time.
Stand alongside Sister Li, and let every moment leave its mark.
#BNB
Click below to trade 👇
My view is that momentum is still in the buyers’ hands, but until the market structure shifts, a rebound simply offers a better entry. Don’t focus on just one bullish candle when watching the charts. The key is whether price can break through resistance above. If it can’t, a pullback is more likely. This setup offers a favorable risk-reward ratio, so participate with a small position, take profits in stages, and put risk management first.
🔴 Trade direction: Short
📍 Entry range: 712.064 – 712.865
🛑 Stop loss: 722.307
🎯 Take profit 1: 705.083
🎯 Take profit 2: 700.162
🎯 Take profit 3: 692.780
There’s no need to chase the next big trend; it will come to you in time.
Stand alongside Sister Li, and let every moment leave its mark.
#BNB
Click below to trade 👇