$BNB Short 75x | The target I've been eyeing is finally in play.
BNB has hit the supply zone, and this rejection is crucial. This position stands only if supply can effectively hold the pressure here.
Trade Plan:
- Entry: 723.46565 – 724.74727
- TP1: 718.10850 (R:R 1:0.7)
- TP2: 714.10986 (R:R 1:1.2)
- TP3: 708.11190 (R:R 1:2.0)
- SL: 732.10374
Why this setup?
- We're trading the location: 4h short structure, a bullish daily backdrop, and price reacting from 723.46565–724.74727.
- RSI15 at 63 suggests sellers have room to push lower, contingent on maintaining control.
- Volume is at 0.43x, with 2.02K traded against 4.66K anticipated, validating the active participation.
Trade here 👇 and after hitting TP1, would you tighten the stop or allow the trade to develop?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
BNB has hit the supply zone, and this rejection is crucial. This position stands only if supply can effectively hold the pressure here.
Trade Plan:
- Entry: 723.46565 – 724.74727
- TP1: 718.10850 (R:R 1:0.7)
- TP2: 714.10986 (R:R 1:1.2)
- TP3: 708.11190 (R:R 1:2.0)
- SL: 732.10374
Why this setup?
- We're trading the location: 4h short structure, a bullish daily backdrop, and price reacting from 723.46565–724.74727.
- RSI15 at 63 suggests sellers have room to push lower, contingent on maintaining control.
- Volume is at 0.43x, with 2.02K traded against 4.66K anticipated, validating the active participation.
Trade here 👇 and after hitting TP1, would you tighten the stop or allow the trade to develop?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
