BNB 4-hour bearish signal armed, with the long-short tipping point at 696.6—which side are you on?
$BNB /USDT - SHORT
Trading plan:
Entry: 695.3 – 697.9
SL: 709.2
TP1: 687.1
TP2: 680.8
TP3: 671.3
Why pay attention to this setup?
- Current price is 696.6. The 1-day trend is range-bound, while a SHORT signal has appeared on the 4h timeframe, with 55.4 confidence (slightly above the 50 threshold).
- Key levels: Entry reference at 696.6, TP1 at 687.1 (-1.4%), TP2 at 680.8 (-2.3%), and SL at 709.2 (+1.8%), giving a reasonable risk-reward ratio of approximately 1:1.5.
- The 15-minute RSI is 48