BNB on the 4-hour timeframe: the bearish signal has lit up. Do you dare follow?
$BNB /USDT - SHORT
Trading plan:
Entry: 693.6 – 696.2
SL: 707.1
TP1: 685.8
TP2: 679.7
TP3: 670.6
Why pay attention to this setup?
- The current price is 694.9, within the narrow 693.6–696.2 range. Direction: SHORT, confidence: 55.4.
- The 1D trend is ranging, but 4H momentum is bearish. The 15-minute RSI at 52.3 is not overbought, so downside potential remains.
- Entry reference: 694.9, TP1 685.8 (-1.3%), TP2 679.7 (-2.2%), SL 707.1 (+1.8%); the risk-reward ratio is reasonable.
- Why now? The price is repeate