BNB is in a zone worth watching: the reference plan favors a SHORT, while the 15m RSI at 47.0 could bring short-term volatility.
$BNB – SHORT
Trading plan:
Entry: $689.35 – $690.17
SL: $693.90
TP1: $682.31
TP2: $678.73
TP3: $674.59
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $691.76; 4h EMA50: $697.16.
• The 15m RSI is at 47.0; the 4h RSI is at 44.5, so wait for the price reaction at the entry zone.
• The 1h ATR is $2.7586; TP1 has an R:R of 1.8 based on the reference price, excluding fees/slippage.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone first before continuing?
Click here to trade 👇
$BNB
$BNB – SHORT
Trading plan:
Entry: $689.35 – $690.17
SL: $693.90
TP1: $682.31
TP2: $678.73
TP3: $674.59
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $691.76; 4h EMA50: $697.16.
• The 15m RSI is at 47.0; the 4h RSI is at 44.5, so wait for the price reaction at the entry zone.
• The 1h ATR is $2.7586; TP1 has an R:R of 1.8 based on the reference price, excluding fees/slippage.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone first before continuing?
Click here to trade 👇
$BNB
