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$BNB Currently around 619.56 USDT.
I'm more concerned about whether this position will trigger a sell signal.
This kind of position is most prone to getting whipped out, so let's prioritize discipline first:
First, observe if the 5-minute chart reclaims the key level, the 15-minute chart reclaims the previous high, or if a breakdown forms a higher low—these all indicate failure.
Next, focus on three types of short positions: failed breakout attempts, end of rebound traps, and key support breakdowns.
Additionally, stop-loss should be set first before discussing the direction.
Finally, avoid chasing in the middle; wait for clearer levels.
Suggested entry price: 624.52 USDT
Keep an eye on this take-profit level: 587.34 USDT
The point where you should exit if wrong: 639.39 USDT
The market moves every day, but your account can't handle it every day.