🧠 My Recent BNB Trading Operation – Full Breakdown 💼
I recently took a short-term position in BNB/USDT based on a bullish technical setup on the 1-hour and 15-minute timeframes. After monitoring BNB’s price action, I noticed a bullish divergence forming on the RSI, alongside a volume spike, right at the support zone around $531.
📍 Entry Point: $532
🔐 Stop Loss: $525 (below recent swing low)
🎯 Target 1: $545
🎯 Target 2: $552
🧮 Risk-Reward Ratio: 1:2.5
Once price confirmed support and started forming higher lows with increasing volume, I entered the trade. My strategy included watching the MACD crossover and moving average alignment for confirmation. I partially booked profits at $545 and moved my stop loss to break even.
BNB reacted well to the setup, validating the breakout pattern.
🛠️ Indicators used: RSI, Volume Profile, 21 EMA, MACD
📈 Timeframe: 15min + 1H combo
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