$BNB Today's Pro Futures Trading Plan: BNB/USDT - May 16, 2025
• Trade Direction: Long
• Justification: Price is above MA(20) (655.29) and MA(200) (610.56), indicating a bullish trend. Recent pullback to 655.73 (near MA(20)) offers a potential entry.
• Entry Zone: 654.50 - 656.50
• Confluence: Retest of MA(20) and minor support at 655.
• Stop-Loss: 650.50 (below 24h low and MA(20) invalidation).
• Risk/Reward Ratio: 1:3 (Risk: $4; Target 1: $12).
• Profit Targets:
• Target 1: 661.50 (24h high).
• Target 2: 669.00 (next resistance).
• Target 3: 675.00 (extended bullish move).
• Exit Strategy: Move stop to breakeven after Target 1, trail with 1.5x ATR beyond Target 2.
• Strategy Explanation:
• Trend alignment (higher highs/lows), MA support, and bullish momentum (0.78% up).
• Volume Profile:
• 24h volume (503M USDT) supports liquidity. Vol below MA(20) suggests cautious entry.
• Leverage Note: Moderate (5x-10x) due to volatility near highs.
• Market Sentiment: Neutral-bullish (higher timeframe uptrend, but consolidation near 24h high).
• Invalidation/Caution: Close below 650.50 invalidates setup.
• Alternative Scenario:
• If rejected at 661.50, consider short with SL above 663.00, targeting 655.00.
Risk-first mindset. Adjust size to volatility.