$BNB
# short strategy - take profits
1. Market Overview
Current Price: $580.04
Resistance Level: $580.65 (recent high)
Support Zone: Around $574.00
RSI (58.58): Neutral-bullish
MACD: Slightly bearish but close to crossover
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2. Strategy Plan: Breakout & Pullback (Scalp/Intraday)
Bullish Scenario (if price breaks $580.65):
Entry: Open a long position if a candle closes above $581 with strong volume.
Stop Loss: Below support at $574 or recent low (approx $573.50).
Take Profit Targets:
TP1: $585
TP2: $590
TP3 (runner): $595+
Bearish Scenario (if price rejects at $580.65):
Entry: Open a short position if price gets rejected and falls below $578.20 with confirmation.
Stop Loss: Above $581
Take Profit Targets:
TP1: $575
TP2: $572
TP3 (runner): $568
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3. Risk Management
Use 2% of your total capital per trade.
Adjust leverage based on your risk tolerance (e.g., 3x–5x for safer trades).
Set limit orders rather than market orders to avoid slippage.
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4. Confirm With Indicators
Wait for MACD bullish crossover for long entry confirmation.
If RSI crosses 70, expect a possible pullback.
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5. Bonus Tip (Automation/Bot):
You can use a bot with the following parameters:
Trigger: Candle close above $581 (for long) or below $578.20 (for short)
TP/SL Ratio: 2:1
Indicators: RSI > 60 (bullish), MACD crossover (confirm)
Use trailing stop to lock profits as price rises
