The XRP strategy I posted earlier has already successfully locked in profits this round. Opportunities to make easy money often hide traps. $BNB On the four-hour chart, price is being held down hard by the moving average cluster, and the bearish alignment has never been broken. A rebound into the area near the previous consolidation zone is a structural selling point; volume has not kept up, which means buyers cannot push it higher. On the one-hour timeframe, it is also constrained below the moving averages, and the trend center of gravity is still shifting downward.
At this kind of position, I prefer to follow the trend and look for a pullback rather than try to pick a bottom. Of course, the fifteen-minute momentum is showing a bit of an uptick, so the position should be light; do not mistake a rebound for a reversal.
🔴 Trading direction: Short
📍 Entry range: 640.124 – 641.385
🛑 Stop loss: 655.331
🎯 Take profit 1: 629.822
🎯 Take profit 2: 622.534
🎯 Take profit 3: 611.601
Observe the vastness of mountains and seas, and perceive the subtlety of the market.
Walk with Brother Xiong and see the gains and losses of heaven and earth.
#BNB
Click below to trade 👇
At this kind of position, I prefer to follow the trend and look for a pullback rather than try to pick a bottom. Of course, the fifteen-minute momentum is showing a bit of an uptick, so the position should be light; do not mistake a rebound for a reversal.
🔴 Trading direction: Short
📍 Entry range: 640.124 – 641.385
🛑 Stop loss: 655.331
🎯 Take profit 1: 629.822
🎯 Take profit 2: 622.534
🎯 Take profit 3: 611.601
Observe the vastness of mountains and seas, and perceive the subtlety of the market.
Walk with Brother Xiong and see the gains and losses of heaven and earth.
#BNB
Click below to trade 👇