Don’t let the countertrend move throw you off—the broader timeframe is what matters. $BNB is trading below the moving averages on both the 4-hour and 1-hour charts. EMA50 is below EMA200, so the trend direction is quite clear.
Look at the strength of this rebound: volume hasn’t followed through, making it look more like an opportunity for bears to step in. Let’s stick to the plan, keep position sizes light, and don’t rush. First, see whether it can reach the first target smoothly, then decide what to do next.
🔴 Trade direction: Short
📍 Entry zone: 696.013 – 696.895
🛑 Stop loss: 706.463
🎯 Take profit 1: 688.947
🎯 Take profit 2: 683.942
🎯 Take profit 3: 676.436
There’s no need to chase the prevailing winds; they’ll settle in on their own.
Stand alongside Sister Li, and let every moment leave an echo.
#BNB
Tap below to trade 👇
Look at the strength of this rebound: volume hasn’t followed through, making it look more like an opportunity for bears to step in. Let’s stick to the plan, keep position sizes light, and don’t rush. First, see whether it can reach the first target smoothly, then decide what to do next.
🔴 Trade direction: Short
📍 Entry zone: 696.013 – 696.895
🛑 Stop loss: 706.463
🎯 Take profit 1: 688.947
🎯 Take profit 2: 683.942
🎯 Take profit 3: 676.436
There’s no need to chase the prevailing winds; they’ll settle in on their own.
Stand alongside Sister Li, and let every moment leave an echo.
#BNB
Tap below to trade 👇