BNB 🔥Sell signal!
SHORT
opening position price - 915.28
SL: 920.27
TP1:906.90
TP2:902.77
TP3:898.64
x5🔥
Analysis of the #BNBUSDT pair data on the 4h timeframe, I asked AI to analyze all provided indicators and their values.
Based on AI data analysis: LLM7 glm-4.5-flash concludes that the market is in an uptrend, but there are signs of overbought conditions. This could be a good moment to enter a short trade to lock in profits before a possible reversal.
Data for entering the trade:
- Signal: SELL
- Entry price:913.28
- Stop-loss (SL):920.27
- Take Profits (TP):
- TP1: 906.90(Fibonacci level)
- TP2: 902.77(Fibonacci level)
- TP3: 898.64(Fibonacci level)
- Leverage: x5 (moderate leverage for risk management)
Justification:
- Signal: SELL, because the price is in the overbought zone and close to the Fibonacci resistance level.
- SL: Set at the nearest Fibonacci level (920.27) to minimize risk.
- TP: Set at Fibonacci levels to lock in profits in case of a successful trade.
In my opinion, the strategy is worth considering, as the current 4-hour candle is likely to close with a bearish engulfing. If it closes red and 'engulfs' the previous green one — this will be a much stronger signal for entry at levels 913-915.
$BNB
