$BNB
/ USDT — a short position is being considered
Trading plan:
Entry zone: 610.58 – 612.04
Stop-loss: 615.68
Profit targets:
TP1: 606.94
TP2: 605.48
TP3: 602.57
Trading logic:
A sell signal is forming on the 4H chart with a high probability (~89%).
The price has bounced off the EMA on the 1H, coinciding with bearish dynamics on the daily timeframe.
RSI on lower timeframes shows weakness but has not yet reached oversold zones, leaving room for movement down to the first target TP1 (≈606.94).
/ USDT — a short position is being considered
Trading plan:
Entry zone: 610.58 – 612.04
Stop-loss: 615.68
Profit targets:
TP1: 606.94
TP2: 605.48
TP3: 602.57
Trading logic:
A sell signal is forming on the 4H chart with a high probability (~89%).
The price has bounced off the EMA on the 1H, coinciding with bearish dynamics on the daily timeframe.
RSI on lower timeframes shows weakness but has not yet reached oversold zones, leaving room for movement down to the first target TP1 (≈606.94).