💼 Potential Trade on BNB/USDT
📍 Current Price: $764.50
📊 Type of Trade: Break of Resistance on the 4-hour timeframe
🕐 Expected Duration: Short to Medium
📥 Entry Zone:
✅ Entry: After a clear breakout of $770 on the 4-hour timeframe, with a strong candle (closing above $770 with high volume)
🛡️ Stop Loss:
❌ Below $747 (Bottom of the Current Triangle + Break of Recent Supports)
➡️ SL = $743
🎯 Targets (Take Profit):
🎯 First Target: $800 (Psychological Resistance and Presence of Previous Sellers)
🎯 Second Target: $842 (Previous Peak + Monthly Trend Confirmation Signal)
🎯 Third Target: $880–$900 (Fibonacci Extensions and Previous Institutional Interest)
⚖️ Risk to Reward Ratio (RRR):
Entry at $771
Stop Loss at $743
First Target $800 → RRR = 1:1
Second Target $842 → RRR = 2.5:1
Third Target $880 → RRR = 3.9:1 ✅
🧠 Important Notes:
Do not enter early before a full close above $770!
Watch the volume; if it's weak at the breakout, it means the whales are not ready yet.
If the breakout fails and closes below $740, review the entire scenario.