$BNB /USDT – Short Trade Entry Opportunity
$BNB /USDT has faced rejection near the 793 resistance level and formed a bearish reversal pattern on the 15-minute chart. The rapid sell-off followed by lower highs signals potential downside movement, presenting a short entry setup with favorable risk-reward.
Entry: 782.12
Target 1: 774.51
Target 2: 770.00
Target 3: 768.32
Stop-Loss: 787.56
Risk Management:
Use 3–5% of your portfolio. Shift stop-loss to entry once the price reaches Target 1 to lock in profits and limit downside.
Pro Tip:
Watch closely for rejection candles near 784–785 if price retests. Weak buying on retest can offer optimal re-entry.