🔴 $BNB /USDT · Bias: SHORT
BNB price is below bearish EMA stacks on the 4h and 1h timeframes, so price should continue lower.
Entry: 630.059 – 631.761
TP1: 618.014 (-2.0%)
TP2: 609.417 (-3.4%)
TP3: 596.522 (-5.5%)
SL: 648.104 (+2.7%)
Why: Sellers are driving the move on the 15m time frame, with ADX 34.5 and DI− at 39.3 versus DI+ at 5.7, meaning strong selling pressure.
Risk: Price is washed out, bounces are common from here (1h RSI 22.6, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short setup has further downside?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
BNB price is below bearish EMA stacks on the 4h and 1h timeframes, so price should continue lower.
Entry: 630.059 – 631.761
TP1: 618.014 (-2.0%)
TP2: 609.417 (-3.4%)
TP3: 596.522 (-5.5%)
SL: 648.104 (+2.7%)
Why: Sellers are driving the move on the 15m time frame, with ADX 34.5 and DI− at 39.3 versus DI+ at 5.7, meaning strong selling pressure.
Risk: Price is washed out, bounces are common from here (1h RSI 22.6, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short setup has further downside?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
