$BNB BIG SHORT — Broke to a fresh 7-day low, sellers still in control.
Price fell through 605 in the 19:00 candle and printed a new 7-day low at 597.32. RSI(1H) at 23.0 is oversold, so the short waits for a bounce to sell into — not a chase at the lows.
$BNB — SHORT Setup
Entry: 605.00 – 608.00
SL: 624.00
TP1: 590.00
TP2: 575.00
TP3: 560.00
Risk: RSI is oversold at the lows — a bounce above 624.00 kills this setup. Use the stop loss, do not chase the fall.
Will $BNB reach 560.00 next?
Not financial advice. DYOR.
#altcoins #cryptotrading #crypto #trading #CryptoNews
Price fell through 605 in the 19:00 candle and printed a new 7-day low at 597.32. RSI(1H) at 23.0 is oversold, so the short waits for a bounce to sell into — not a chase at the lows.
$BNB — SHORT Setup
Entry: 605.00 – 608.00
SL: 624.00
TP1: 590.00
TP2: 575.00
TP3: 560.00
Risk: RSI is oversold at the lows — a bounce above 624.00 kills this setup. Use the stop loss, do not chase the fall.
Will $BNB reach 560.00 next?
Not financial advice. DYOR.
#altcoins #cryptotrading #crypto #trading #CryptoNews