$BNB 4H: range support breakdown sets up a bearish retest
Price slipped below a tight cluster of recent closes as momentum weakened. Holding beneath the broken range floor confirms the short idea. A sustained close back inside the range invalidates it.
Paper trade, 4H short:
→ entry $771.32
→ target $756.00 (R:R 1.7)
→ invalidation $780.30
Will the broken range floor reject a retest?
#TechnicalAnalysis #PaperTrading
Sharing my read, not advice. DYOR.
Price slipped below a tight cluster of recent closes as momentum weakened. Holding beneath the broken range floor confirms the short idea. A sustained close back inside the range invalidates it.
Paper trade, 4H short:
→ entry $771.32
→ target $756.00 (R:R 1.7)
→ invalidation $780.30
Will the broken range floor reject a retest?
#TechnicalAnalysis #PaperTrading
Sharing my read, not advice. DYOR.
