$BNB IS LOSING MOMENTUM — $718 COULD BE THE NEXT TARGET!
I’m looking at a BIG SHORT on $BNB here.
entry 728–730
sl 734
tp1 723.56
tp2 718.04
tp3 712.00
Because the reason is simple.
coin faced rejection near $732–733 and is now showing signs of weakening momentum on both the 15m and 1h charts. Sellers are attempting to push the price back toward the $723.56 support zone….!!!!
A breakdown below $723.56 could open the way toward $718.04 and potentially $712.00. However, if buyers reclaim $733.64, the bearish setup could weaken…..!!!!
Wait for confirmation before entering and keep your risk controlled…..!!!!
Short $BNB
#JapanFSAPublishesOnChainFinanceForumMinutes
I’m looking at a BIG SHORT on $BNB here.
entry 728–730
sl 734
tp1 723.56
tp2 718.04
tp3 712.00
Because the reason is simple.
coin faced rejection near $732–733 and is now showing signs of weakening momentum on both the 15m and 1h charts. Sellers are attempting to push the price back toward the $723.56 support zone….!!!!
A breakdown below $723.56 could open the way toward $718.04 and potentially $712.00. However, if buyers reclaim $733.64, the bearish setup could weaken…..!!!!
Wait for confirmation before entering and keep your risk controlled…..!!!!
Short $BNB
#JapanFSAPublishesOnChainFinanceForumMinutes