BNB is testing a strong resistance near 330, price action shows a clear pullback and the market is primed for a short.
🔴 $BNB SHORT 📉 — Trade Plan
• Entry: $705.0443 – $706.4557
• Stop: $726.9225 (-3.0%)
• Target 1: $695.1637 (+1.5%)
• Target 2: $670.4625 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH broke the bullish swing, CVD turned negative confirming sell pressure, while a fresh FVG aligns with the OB at 335-340, creating a POI. Structure now sits in a descending channel, giving the short edge.
A 3.0% stop is moderately tight; use no more than 5x leverage to keep risk manageable.
Take partial profit at the first target around 322 to lock in gains.
Not financial advice — always manage your own risk 🙏
$BNB #BNBUSDT #THORChain #TradingSignals #Write2Earn
🔴 $BNB SHORT 📉 — Trade Plan
• Entry: $705.0443 – $706.4557
• Stop: $726.9225 (-3.0%)
• Target 1: $695.1637 (+1.5%)
• Target 2: $670.4625 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH broke the bullish swing, CVD turned negative confirming sell pressure, while a fresh FVG aligns with the OB at 335-340, creating a POI. Structure now sits in a descending channel, giving the short edge.
A 3.0% stop is moderately tight; use no more than 5x leverage to keep risk manageable.
Take partial profit at the first target around 322 to lock in gains.
Not financial advice — always manage your own risk 🙏
$BNB #BNBUSDT #THORChain #TradingSignals #Write2Earn