*Trade Postmortem: BNB/USDC Short Analysis** 📉

**Trade Execution**

• Position: **Short BNB/USDC**

• Entry: 05-29 at 19:28 UTC

• Size: 0.107 BNB @ $677.55

• Current Status: **-771.06 USDC PNL** | Avg. Cost: $309.48

**Trade Thesis (Original Plan)**

1. Technicals:

- Rejection at $685 resistance (3x tested)

- Overbought RSI (4H chart)

- Bearish divergence on MACD

2. Fundamentals:

- Binance regulatory FUD lingering

- BNB chain TVL stagnation

**What Went Wrong?**

✓ **False Breakdown**: Price held above $672 support (now confirmed as liquidity pool)

✓ **Market Shift**: Unexpected BTC rally dragged alts up

✓ **Overleveraged?**: Position size vs. account balance review needed

**Key Lessons**

1. **Confirmation Missing**: Should’ve waited for close below $672

2. **News Monitor Gap**: Missed Binance’s new partnership rumor

3. **Risk Adjustment**: Stop-loss was too tight for volatility

**Action Plan**

- Reduce size by 30% for counter-trend trades

- Add news alert filters for Binance/BNB

- Switch to 2H/4H charts for higher-probability shorts

**Open Question**: Would you hold, average down, or cut losses here? Comment your take!