BNB is in a zone to watch: the reference plan favors a SHORT, while the 15m RSI at 45.0 could cause short-term volatility.
$BNB – SHORT
Trading plan:
Entry: $687.34 – $688.78
SL: $695.29
TP1: $675.05
TP2: $668.79
TP3: $661.56
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $695.04; 4h EMA50: $699.50.
• The 15m RSI is at 45.0; the 4h RSI is at 40.0. Wait for the price reaction at the entry zone.
• The 1h ATR is $4.8179; TP1 has an R:R of 1.8 from the reference price, excluding fees/slippage.
Debate:
Is short-term momentum strong enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$BNB
$BNB – SHORT
Trading plan:
Entry: $687.34 – $688.78
SL: $695.29
TP1: $675.05
TP2: $668.79
TP3: $661.56
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $695.04; 4h EMA50: $699.50.
• The 15m RSI is at 45.0; the 4h RSI is at 40.0. Wait for the price reaction at the entry zone.
• The 1h ATR is $4.8179; TP1 has an R:R of 1.8 from the reference price, excluding fees/slippage.
Debate:
Is short-term momentum strong enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$BNB
