[BNB] / USDT
Timeframe for main analysis: 15m – 1h
Trend:
• Current trend: BEARISH (Strong Sell-off).
• Important price zone: Supply 891 - 893 (Breaker Block). Support 880.
Liquidity Map:
• Liquidity above: 895+ (Stop-loss of early shorters).
• Liquidity below: 878 - 880 (Fresh lows/Psychological support).
• Liquidity hunting potential: Price likely retraces to 891 to mitigate bearish order block before continuation.
Funding & OI:
• Current funding: Negative.
• OI increase/decrease, signal: OI increasing while price drops (Aggressive Shorts).
Technical Indicators:
• RSI: 28 (Oversold) – Expect a relief rally (pullback).
• MACD: Bearish momentum expanding.
• Volume: High sell volume on the drop to 886.
Trade Setup:
• Entry: 889 - 891.5 (Limit Short).
• Take Profit (TP): 880 (TP1) - 872 (TP2).
• Stop Loss (SL): 896.
• Bias: SHORT
Click here to trade:
$BNB
• Reason: Breakdown of 892 support structure. Retest of supply zone (SMC) offers high probability for continuation to 880.
Risk Note:
Maintain discipline SL. No FOMO at the bottom (886). Wait for pullback.
