🟢 $BNB 4H: Higher-Low EMA20 Reclaim LONG Setup
⠀
📊 Trend: BNB flushed to a 680 wick on Oct 29, then printed rising lows at 694, 698.8, 702 and 704.8. Price 714.4 (+1.4% 24H) is back above EMA20 (713.5). EMA50 723.3 and EMA200 737.6 still cap the upside.
⠀
🧱 Support: 708-711 / 702 / 694
🚧 Resistance: 717.7 / 723.3 / 737.6
⠀
🎯 Plan (LONG)
Entry zone: 708-711 (pullback to EMA20 and the higher-low trendline)
Stop loss: 701
TP1: 717.7
TP2: 723.3
TP3: 737.6
⠀
⚠️ Risk: Still a lower-high market under EMA50. A 4H close under 702 breaks the higher-low structure and kills the setup. Size small.
⠀
Not financial advice. DYOR.
⠀
$BTC
#BNB #TechnicalAnalysis #CryptoTrading #BinanceSquare
⠀
📊 Trend: BNB flushed to a 680 wick on Oct 29, then printed rising lows at 694, 698.8, 702 and 704.8. Price 714.4 (+1.4% 24H) is back above EMA20 (713.5). EMA50 723.3 and EMA200 737.6 still cap the upside.
⠀
🧱 Support: 708-711 / 702 / 694
🚧 Resistance: 717.7 / 723.3 / 737.6
⠀
🎯 Plan (LONG)
Entry zone: 708-711 (pullback to EMA20 and the higher-low trendline)
Stop loss: 701
TP1: 717.7
TP2: 723.3
TP3: 737.6
⠀
⚠️ Risk: Still a lower-high market under EMA50. A 4H close under 702 breaks the higher-low structure and kills the setup. Size small.
⠀
Not financial advice. DYOR.
⠀
$BTC
#BNB #TechnicalAnalysis #CryptoTrading #BinanceSquare
