🔴 SHORT $BNB/USDT – SELLERS ARE IN CONTROL!
BNB remains below both the EMA50 and EMA200 on the 4H chart, indicating a short-term bearish trend. I’m looking to enter a SHORT when the price retraces to the resistance zone.
📍 Entry: 680.561 – 681.559
🎯 TP1: 673.011
🎯 TP2: 667.644
🎯 TP3: 659.595
🛑 Stop Loss: 691.793
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1, move the SL to the entry point to protect your capital.
⚠️ This trade has a moderate confidence level, so use a small position size and manage leverage carefully. Sellers have the advantage, but don’t get complacent!
BNB remains below both the EMA50 and EMA200 on the 4H chart, indicating a short-term bearish trend. I’m looking to enter a SHORT when the price retraces to the resistance zone.
📍 Entry: 680.561 – 681.559
🎯 TP1: 673.011
🎯 TP2: 667.644
🎯 TP3: 659.595
🛑 Stop Loss: 691.793
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1, move the SL to the entry point to protect your capital.
⚠️ This trade has a moderate confidence level, so use a small position size and manage leverage carefully. Sellers have the advantage, but don’t get complacent!
