$BNB Bouncing weakly into resistance within a confirmed bearish structure across daily and 4H.
trade plan: short $BNB
entry: 628.00 to 633.00
stop loss: 641.50
targets
tp1: 621.00
tp2: 614.00
tp3: 606.00
move sl to entry after tp1.
click 👇 and short $BNB
Daily SAR at 679.22 sits far above price with all three EMAs sloping downward and price rejected below the daily midband at 644.52 confirming the macro bias is firmly bearish. The 4H structure mirrors this with SAR at 640.96 above price and StochRSI at 23.56 giving a weak bounce that lacks conviction for any real reversal. The entry zone is anchored to the 1H BOLL midband at 628.35 and EMA cluster between 627 and 630 where the current 1H bounce is stalling with StochRSI already extended at 83. Daily StochRSI at 5.58 is the one counter risk so size conservatively and move SL to entry immediately after TP1.
risk max 1-2%