BNB $780.64 REJECTION - 6 Days Wait is OVER! 📉
I waited 6-7 days for this breakdown.
While everyone was FOMO shorting at $715, I had one rule:
NO CONFIRMATION = NO TRADE
NO RETEST = NO TRADE
Here's what happened:
Price pumped from $715 -> $780.64 (Expected, strong bull can go higher)
But look now:
✅ 4H: Clear rejection wick at 780.64
✅ 1H: Bearish engulfing + Close below
✅ MACD: DIF 6.24 / DEA 8.97 / -2.73 bearish cross
✅ Volume: Selling volume increasing
LESSON: Order book sell walls don't mean reversal. Price absorbing sells and holding up = Buyers strong. But when 1H closes bearish, that's REAL confirmation.
I am NOT jumping short yet. Waiting for 15m retest rejection as per plan.
Philosophy: "Missed trade is better than bad trade. Market kal bhi khula hoga."
Are you waiting for retest or jumping early? Comment 👇
#BNB #BNBUSDT #CryptoTrading #BinanceSquare #tradingpsychology
I waited 6-7 days for this breakdown.
While everyone was FOMO shorting at $715, I had one rule:
NO CONFIRMATION = NO TRADE
NO RETEST = NO TRADE
Here's what happened:
Price pumped from $715 -> $780.64 (Expected, strong bull can go higher)
But look now:
✅ 4H: Clear rejection wick at 780.64
✅ 1H: Bearish engulfing + Close below
✅ MACD: DIF 6.24 / DEA 8.97 / -2.73 bearish cross
✅ Volume: Selling volume increasing
LESSON: Order book sell walls don't mean reversal. Price absorbing sells and holding up = Buyers strong. But when 1H closes bearish, that's REAL confirmation.
I am NOT jumping short yet. Waiting for 15m retest rejection as per plan.
Philosophy: "Missed trade is better than bad trade. Market kal bhi khula hoga."
Are you waiting for retest or jumping early? Comment 👇
#BNB #BNBUSDT #CryptoTrading #BinanceSquare #tradingpsychology
