đ BNB â DOWNTREND CONTINUATION & MOVING AVERAGE LOSS! đ»
$BNB (BNB) is trading lower at 758.92 (-0.98%, or roughly Rs210,198.07), moving within a 24-hour range between a high of 776.52 and a low of 753.75. Price action on this 4-hour chart displays a decisive downside breakdown slipping away from the local swing high, currently trading beneath the fast MA(7) (767.84), MA(25) (779.46), and structural MA(99) (775.03) cluster.
đ QUICK TRADE PLAN â 4H
đŽ SHORT ENTRY: 765.00â775.00 (on relief bounces or retests toward the broken moving average resistance zone)
đ STOP LOSS: 783.00
đŻ TP1: 735.00
đŻ TP2: 715.00
Are you shorting this BNB breakdown lower, or waiting for a stabilization sign near key support? Let's discuss below! đ
đ Trade: $BNB
#BNB #Binance #cryptotrading #BinanceSquare #bearish
$BNB (BNB) is trading lower at 758.92 (-0.98%, or roughly Rs210,198.07), moving within a 24-hour range between a high of 776.52 and a low of 753.75. Price action on this 4-hour chart displays a decisive downside breakdown slipping away from the local swing high, currently trading beneath the fast MA(7) (767.84), MA(25) (779.46), and structural MA(99) (775.03) cluster.
đ QUICK TRADE PLAN â 4H
đŽ SHORT ENTRY: 765.00â775.00 (on relief bounces or retests toward the broken moving average resistance zone)
đ STOP LOSS: 783.00
đŻ TP1: 735.00
đŻ TP2: 715.00
Are you shorting this BNB breakdown lower, or waiting for a stabilization sign near key support? Let's discuss below! đ
đ Trade: $BNB
#BNB #Binance #cryptotrading #BinanceSquare #bearish