$BNB /USDT Short Trade Signal –
BNB is currently trading at $881.88, approaching a recent resistance level around $890–$900. Technical indicators suggest potential short-term exhaustion after a rally, signaling an opportunity for a short trade in anticipation of a pullback.
Short Trade Idea:
Consider entering a short position near $880–$885, aiming for a downside target around $835–$840, which aligns with previous support levels. This offers a potential profit of approximately 5–6%, suitable for a short-term trading strategy.
Stop-Loss:
Place a stop-loss above $895, just above the recent highs, to protect against sudden bullish breakouts. This allows the trade to breathe while limiting losses in case the uptrend continues.
