$BNB The bull trap is closing, and the market is preparing to reverse 🔴
$BNB /USDT - Short 🔴
Trading plan:
Entry: 697.26 – 701.005
Stop loss: 702.4569
Target 1: 694.7416
Target 2: 692.4
Target 3: 688.5944
Why this setup?
The Bollinger Band width of 0.0056 indicates strong compression near a breakout
The OBV indicator is rising, with a heavy concentration of long positions, increasing the likelihood of selling pressure on longs
A long ratio of 73.58% means most traders are at risk of liquidation if the price falls
Place your sell order now and capture the move down toward the first target at 694.7416,
This content is not investment advice. Do your own research (DYOR)
$BNB /USDT - Short 🔴
Trading plan:
Entry: 697.26 – 701.005
Stop loss: 702.4569
Target 1: 694.7416
Target 2: 692.4
Target 3: 688.5944
Why this setup?
The Bollinger Band width of 0.0056 indicates strong compression near a breakout
The OBV indicator is rising, with a heavy concentration of long positions, increasing the likelihood of selling pressure on longs
A long ratio of 73.58% means most traders are at risk of liquidation if the price falls
Place your sell order now and capture the move down toward the first target at 694.7416,
This content is not investment advice. Do your own research (DYOR)
