The XAU strategy shared last time successfully captured its profit potential. Opportunity and confirmation are aligned, and the chart structure for $BNB is signaling a move. On both the four-hour and hourly timeframes, price is sitting below the moving average cluster. EMA50 is also below EMA200, with momentum clearly pointing down. In this bearish setup, a rebound looks more like an opportunity to position for a short than the start of a reversal.
I’m watching how price reacts when it rebounds into the previous consolidation zone. Volume hasn’t picked up, suggesting buyers can’t absorb the selling pressure. As long as the structure holds, the downside path looks smoother than the upside. Keep positions light and take profits in stages—don’t mistake a rebound for a trend.
🔴 Trade direction: Short
📍 Entry range: 677.269 – 678.551
🛑 Stop loss: 692.632
🎯 Take profit 1: 666.869
🎯 Take profit 2: 659.508
🎯 Take profit 3: 648.467
Gaze upon the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#BNB
Click below to trade 👇
I’m watching how price reacts when it rebounds into the previous consolidation zone. Volume hasn’t picked up, suggesting buyers can’t absorb the selling pressure. As long as the structure holds, the downside path looks smoother than the upside. Keep positions light and take profits in stages—don’t mistake a rebound for a trend.
🔴 Trade direction: Short
📍 Entry range: 677.269 – 678.551
🛑 Stop loss: 692.632
🎯 Take profit 1: 666.869
🎯 Take profit 2: 659.508
🎯 Take profit 3: 648.467
Gaze upon the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#BNB
Click below to trade 👇