$BNB BNB/USDT Swing Trade Analysis (Professional Breakdown) May 5, 2025

1. Market Structure & Trend:

• 1D: Downtrend (price below 200MA at 599.72, lower highs/lows).

• 4H/1H: Ranging (592-595 zone) with bearish bias (recent lower highs).

2. Key Levels:

• Resistance: 595.37 (24h high), 600.49 (local swing high).

• Support: 583.55 (24h low), 565.83 (recent swing low).

3. Chart Patterns:

• Descending Channel (4H): Price oscillating between downtrend lines.

• Lower Highs: Confirms bearish momentum.

4. Indicators:

• RSI (1D): 40 (neutral, no divergence).

• MACD (4H): Histogram below zero, bearish momentum.

• Volume: Declining (weak buying interest).

• MAs: Price below 20MA/200MA (bearish alignment).

5. Trade Plan:

• Entry: 592-595 (breakdown confirmation).

• Stop-Loss: 600.50 (above recent high).

• Take-Profit: 583.55 (initial), 565.83 (swing low).

• RR Ratio: 1:2 (risk 0.5% for 1% gain).

6. Risk Management:

• Position size: 1-2% capital.

• Partial exit at first TP (583.55), trail stop below 590.

7. Reversal Signals:

• Watch for RSI divergence or 4H close above 600.50 to invalidate bearish setup.

Conclusion: Short bias below 595; await breakdown confirmation. Adjust if 600.50 breaks.

Trade wisely. Not financial advice.