📌$BNB | Long Position
🔥 Entry:
637.09 – 638.21
🛑 Stop Loss:
633.33
🎯 Targets:
• Target 1: 640.60
• Target 2: 654.19
• Target 3: 656.86
⸻
💡 Trade Analysis:
The market shows a clear bullish trend on the 4-hour chart, maintaining a positive structure despite the lack of confirmation on the hourly frame.
On the smaller timeframes, the price is undergoing a pullback within an ideal zone to enter the trend, enhancing the chances for continued upward movement.
There is a price squeeze on the 15-minute chart while staying above the EMA20, indicating the price is ready for a strong breakout.
The MACD indicator on the hourly frame supports the bullish trend, while the MACD on the 15-minute frame confirms positive momentum and continued buying pressure.
⸻
⚠️ Risk Management:
Stick to the stop loss and don’t risk more than a small percentage of your capital🔥
🔥 Entry:
637.09 – 638.21
🛑 Stop Loss:
633.33
🎯 Targets:
• Target 1: 640.60
• Target 2: 654.19
• Target 3: 656.86
⸻
💡 Trade Analysis:
The market shows a clear bullish trend on the 4-hour chart, maintaining a positive structure despite the lack of confirmation on the hourly frame.
On the smaller timeframes, the price is undergoing a pullback within an ideal zone to enter the trend, enhancing the chances for continued upward movement.
There is a price squeeze on the 15-minute chart while staying above the EMA20, indicating the price is ready for a strong breakout.
The MACD indicator on the hourly frame supports the bullish trend, while the MACD on the 15-minute frame confirms positive momentum and continued buying pressure.
⸻
⚠️ Risk Management:
Stick to the stop loss and don’t risk more than a small percentage of your capital🔥