Looking at BNB's performance today, this level is indeed worth paying attention to as a shorting opportunity.
From a technical perspective, the 863-870 range is a good entry point. If you follow this approach, you can handle it in two stages: first, watch the 855 level as the first checkpoint, and once reached, you can take some profits off the table and lock in gains; then, continue holding some positions, aiming to maximize profits around the 847 level.
However, risk management is still key. Setting a proper stop-loss is really important. Once the price breaks upward, exit immediately and do not fight the market. Market conditions change rapidly, and protecting your principal is always the top priority.
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ShitcoinConnoisseur
· 1h ago
That point at 863 is indeed interesting, but what I'm more worried about is a sudden surge, so I need to set tight stop-losses.
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TokenDustCollector
· 4h ago
Position 863 is indeed interesting, but I still trust risk control more. Set the stop-loss first and then decide.
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BoredRiceBall
· 4h ago
That position at 863 does look pretty good, but I will still set a tighter stop-loss. Being cautious is better than getting liquidated.
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DegenWhisperer
· 4h ago
863 entry? This price level does have some potential, but I'll still wait and see. I got trapped last time when I followed this logic, haha.
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ProofOfNothing
· 4h ago
Position 863 is indeed tempting, but I care more about whether the stop-loss is set aggressively enough.
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SleepyArbCat
· 4h ago
Entries between 863-870 are okay, but I'm worried it might be another situation where it drops a bit and then rebounds... I was thinking about this last night before going to sleep.
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ProposalManiac
· 4h ago
The 863-870 level sounds good in theory, but my biggest concern is—what if it breaks? No matter how well-designed this mechanism is, a sudden market sentiment reversal can wipe it out entirely. How many times in history have perfectly timed technical short positions been completely eaten up...
Real risk control isn't just about setting a stop-loss; it requires thinking from a game-theoretic perspective—are your risk tolerance and the market's volatility aligned and incentive-compatible?
Looking at BNB's performance today, this level is indeed worth paying attention to as a shorting opportunity.
From a technical perspective, the 863-870 range is a good entry point. If you follow this approach, you can handle it in two stages: first, watch the 855 level as the first checkpoint, and once reached, you can take some profits off the table and lock in gains; then, continue holding some positions, aiming to maximize profits around the 847 level.
However, risk management is still key. Setting a proper stop-loss is really important. Once the price breaks upward, exit immediately and do not fight the market. Market conditions change rapidly, and protecting your principal is always the top priority.