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Why is everyone suddenly ignoring the BNB setup that just armed?
$BNB /USDT - LONG
Trade Plan:
Entry: 724.63 – 726.87
SL: 715.04
TP1: 733.78
TP2: 739.14
TP3: 747.17
Why this setup?
Why now? The daily trend has been bullish for a while, but the 1h price is sitting at 725.75, which is the exact entry reference, meaning the market is pausing right at the decision point. The 15m RSI reading of 50.08 shows the short-term momentum has balanced out, creating a clean trigger for a directional move. With the 1h ATR at 4.463183, the next impulse is expected to be large enough to push the price from the 725.75 entry zone toward the first target at 733.78 and then the second target at 739.14. The invalidation level is 717.42, and if that breaks, the entire pattern is destroyed.
Debate:
Are we pushing toward TP2 or is 717.42 about to wipe the longs out?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.