$BNB short trade 📈
📉 BNB Short Setup (Swing/Day Trade)
• Entry Zone: $928 – $933 (Ideally enter on a small bounce/retest of resistance)
• Take Profit 1 (TP1): $912 (Recent local support)
• Take Profit 2 (TP2): $885 (Key structural support)
• Stop Loss (SL): $945 (Invalidation point above recent swing highs)
• Leverage: 3x - 5x (Recommended to manage volatility)
📊 The Rationale (Why Short?)
1. Bearish Momentum: Major technical indicators (RSI at ~32 and MACD) are signaling "Strong Sell," indicating that bears are currently in control on the daily timeframe.
2. Resistance Block: BNB has struggled to reclaim the $930–$935 region. A rejection here confirms the downtrend continuation.
3. Market Structure: The daily chart structure remains bearish unless BNB can close a daily candle decisively above $938.
⚠️ Risk Warning: Crypto markets are highly volatile. If BNB reclaims $938 with high volume, this short setup is invalidated. Always use a stop loss.
