๐ฏ Trade Idea: NEUTRAL โ SHORT Bias on Rejection
Why Short?
1. Triple MA resistance above (889.20, 888.81, 897.33) 2. Price is below 24h High ($895.49) and failing to break higher 3. Volume is dry โ no strong buying conviction 4. Historical chart shows rejection near $900โ$916 zone
๐ฅ SHORT Entry: $890 โ $893 (MA rejection zone) Stop Loss: $899 (above MA99 & recent high) Take Profit:
ยท Trade small โ market is in low-volatility compression. ยท BNB often follows BTC direction โ keep an eye on Bitcoin. ยท Avoid entering mid-range without confirmation.
๐ Final Insight:
BNB is at a decision zone.
ยท Bearish below $888 ยท Bullish above $897
Current bias: SHORT on retest to MA zone. Wait for price action confirmation!
๐ฅ Like & Follow for clean, high-probability setups daily!
1. Price is sandwiched between MA(7) and MA(99) โ indecision. 2. 24h high rejection at $3,009 suggests selling pressure. 3. Volume is declining โ buyers are hesitant. 4. Last candle closed near daily open โ no strong trend.
$ETH
Ideal Short Entry: $2,945 โ $2,955 (near MA99 & previous resistance) Stop Loss: $2,975 (above recent swing high) Take Profit:
ยท TP1: $2,925 ยท TP2: $2,913 ยท TP3: $2,905
Ideal Long Entry: Break above $2,956 with volume **Stop Loss:** $2,925 Target: $2,980 โ $3,000
๐ก๏ธ Risk Management Tips:
ยท Trade small until clear breakout occurs. ยท Watch Bitcoin for direction clues. ยท Avoid trading during low volatility (current phase).
๐ Final Takeaway:
ETH is at a make-or-break zone.
ยท Bearish below $2,935 ยท Bullish above $2,956
Patience is key. Wait for confirmation before entering!
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Volume: 96.625 (significantly below MA(5) and MA(10), suggesting low momentum and potential consolidation)
๐ Chart Levels:
ยท Strong Resistance Zone: 90,436.5 โ 92,259.0 (previous support now resistance) ยท Immediate Resistance: 89,422.8 (MA7) and 90,196.4 (MA25) ยท Current Level: 89,200 (critical pivot) ยท Support Levels: 88,613.9 โ 87,205.5 โ 86,791.2
๐ง Trade Idea โ SHORT Bias
Reasoning:
1. Price below all key MAs (7, 25, 99), confirming bearish structure. 2. Large gap between price and MA(99) (~3,100 points) shows strong selling pressure. 3. Volume is extremely low compared to averages, suggesting lack of buying interest. 4. Chart labels show lower highs (95,904.3 โ 89,200), confirming downtrend.
Entry Zone: 89,400 โ 90,000 (near MA resistance confluence) Stop Loss: Above 90,450 (above MA25 and previous structure) Take Profit Levels:
ยท TP1: 88,600 ยท TP2: 87,200 ยท TP3: 86,800
โ ๏ธ Risk Management:
ยท Risk no more than 1-2% of your capital. ยท Watch for a break above 90,450 โ that would invalidate the short setup. ยท Monitor for sudden volume spike (could signal reversal).
โ Final Verdict:
Market structure favors SHORT positions on retests toward MA resistance. A break below 88,600 could accelerate the move toward 87,200.
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๐ Key Observation: Price is trading well below all visible MA levels, suggesting sustained bearish control. The 24h high to low range shows strong selling momentum.
โ ๏ธ Risk Note: Always use stops. Crypto is volatile. Trade responsibly.