BNB's looking juicy for a short, just broke market structure and volume's confirming the move. We've got a clear path to the downside here.
🔴 $BNB SHORT 📉
Entry → $610.1892-$611.4108
Stop → $629.1240 (-3.0%)
TP1 → $601.6380 (+1.5%)
TP2 → $580.2600 (+5.0%)
R/R 1:1.7 • Confidence 64%
CHoCH just fired, telling us the market's breaking down, and CVD's backing it up - volume's definitely confirming the direction. FVG's also showing a fair value gap, and we've got an OB right where we need it, overlapping with the FVG for a nice POI confluence.
3.0% SL feels about right, not too tight, not too wide, and with 2x leverage, this trade's got some teeth.
Might take some profit at TP1, let the rest ride and see if we can get that full 1:1.7 R/R
As always: manage your risk, this is not financial advice 🙏
$BNB #BNBUSDT #crypto #TradingSignals #Write2Earn
🔴 $BNB SHORT 📉
Entry → $610.1892-$611.4108
Stop → $629.1240 (-3.0%)
TP1 → $601.6380 (+1.5%)
TP2 → $580.2600 (+5.0%)
R/R 1:1.7 • Confidence 64%
CHoCH just fired, telling us the market's breaking down, and CVD's backing it up - volume's definitely confirming the direction. FVG's also showing a fair value gap, and we've got an OB right where we need it, overlapping with the FVG for a nice POI confluence.
3.0% SL feels about right, not too tight, not too wide, and with 2x leverage, this trade's got some teeth.
Might take some profit at TP1, let the rest ride and see if we can get that full 1:1.7 R/R
As always: manage your risk, this is not financial advice 🙏
$BNB #BNBUSDT #crypto #TradingSignals #Write2Earn