setup for $BNB /$USDT 📉 — the chart now clearly shows: • 🔵 Sell Entry: Around $927.4, marked with a downward arrow. • 🟥 Stop Loss (SL): Near $945, just above EMA(25), protecting against reversal. • 🟩 Take Profit (TP) zones: • TP1: $915 • TP2: $908.1 • TP3: $901 The EMA lines (7, 25, 99) confirm bearish momentum, with MACD and RSI supporting the short bias. Volume spike aligns with the breakdown, and the bounce offers a clean re-entry. #Binance tap here to trade👇
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Entry Price: Around 79.45 (current close) Reason: Price broke below EMA(7) and EMA(25), indicating short-term bearish momentum. MACD is negative and RSI is below 50, suggesting further downside.
🟢 Take-Profit (TP) Targets
TP1: 77.56 — EMA(99) support zone TP2: 75.80 — Previous swing low and psychological support TP3: 73.00 — Extended target if bearish momentum continues
🔴 Stop-Loss (SL)
SL: 82.60 — Just above EMA(7) and recent high Reason: Protects against false breakdown and trend reversal
🧠 Risk Management Notes
Risk-to-reward ratio: ~1:2.5 if targeting TP2 Consider trailing stop once TP1 is hit Avoid overleveraging due to recent volatility (Range: 4.11%) #MarketRebound #BinanceSquareTalks