BNB SHORT — Stuck Below Both EMAs, Sellers Eye 681.695
BNB is stuck in a bearish stack on the 4h chart, with price sitting below both EMAs and the swing trend pointing clearly lower.
Entry: 695.918 – 696.302
TP1: 690.704 (-0.8%)
TP2: 687.101 (-1.3%)
TP3: 681.695 (-2.1%)
SL: 703.317 (+1.0%)
Why: the 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is clearly down. Moderate conviction only, so keep size light.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Sellers are in control for now — watching whether price rejects the upper band here.
$BNB
BNB is stuck in a bearish stack on the 4h chart, with price sitting below both EMAs and the swing trend pointing clearly lower.
Entry: 695.918 – 696.302
TP1: 690.704 (-0.8%)
TP2: 687.101 (-1.3%)
TP3: 681.695 (-2.1%)
SL: 703.317 (+1.0%)
Why: the 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is clearly down. Moderate conviction only, so keep size light.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Sellers are in control for now — watching whether price rejects the upper band here.
$BNB
