$BNB /USDT · Bias: Sell
BNB is trading below a cluster of declining EMAs on the 1-hour chart, so the short-term trend is bearish.
Entry: 591.472 – 592.648
TP1: 580.868 (-1.9%)
TP2: 573.406 (-3.2%)
TP3: 562.214 (-5.0%)
Stop loss: 606.983 (+2.5%)
Note: The confidence level is only moderate, so keep the position size small.
Reason: The 4-hour trend shows that the price is below EMA50, which is below EMA200; this bearish alignment means the swing trend is down.
Risk: Buyers are leading the move (15-minute ADX: 22.9)
Plan: Close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
$BNB
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