#DayTradingStrategy Short Trading Strategy for BNB with Moderate Risk Management
Short Trading Strategy for BNB with Moderate Risk Management
Based on the information where the current price of BNB is approximately $659.96, I will design a short trading strategy with moderate risk management.
Initial Analysis
• Current price: ~$659.96
• Significant volume in the markets (several million in volume)
• Some indicators show small percentage variations (+2.00% in some metrics)
Short Entry Strategy
1. Ideal entry level: $662.50 - $665.00 (visible resistance zone in the data)
2. Signal confirmation:
◦ Rejection candles on the 1h or 4h time frame (doji, inverted hammer, shooting star)
◦ Bearish divergence in RSI or MACD
◦ Decreasing volume in attempts to break resistance
Risk Management