$BNB /USDT · Bias: SHORT
BNB forms bearish EMA stacks on both daily and 4h timeframes, pointing lower.
Entry: 695.370 – 695.790
TP1: 690.235 (-0.8%)
TP2: 686.672 (-1.3%)
TP3: 681.328 (-2.0%)
SL: 702.706 (+1.0%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below both EMAs, meaning the swing trend is down.
Risk: BTC is rising, this coin follows (corr 0.87)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you sell this bounce at the entry level?