🔴 $BNB
/USDT · Bias: Sell
The 4-hour price is below both exponential moving averages, in a bearish alignment that signals further downside.
Entry: 694.548 – 694.932
Target 1: 691.172 (-0.5%)
Target 2: 688.794 (-0.9%)
Target 3: 685.226 (-1.4%)
Stop loss: 699.497 (+0.7%)
Note: Confidence is only moderate, so keep the position size small.
Reason: ADX is 24.0, with DI- at 30.8 versus DI+ at 19.0, meaning sellers are leading the move.
Plan: Close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1.
/USDT · Bias: Sell
The 4-hour price is below both exponential moving averages, in a bearish alignment that signals further downside.
Entry: 694.548 – 694.932
Target 1: 691.172 (-0.5%)
Target 2: 688.794 (-0.9%)
Target 3: 685.226 (-1.4%)
Stop loss: 699.497 (+0.7%)
Note: Confidence is only moderate, so keep the position size small.
Reason: ADX is 24.0, with DI- at 30.8 versus DI+ at 19.0, meaning sellers are leading the move.
Plan: Close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1.