Trade Idea: BNB SHORT

Opened 2026-04-09 06:25:57 · Valid until 2026-04-10 06:25:57 · Triggered 2026-04-09 06:31:01

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

SHORT LIVE RR 1.70 Conf 75% Scalp hours

Entry

599.27000000

Stop

605.00000000

Targets

590.00000000 / 585.00000000 / 580.00000000

Live price

601.69000000

Live ROI

-0.40% vs entry

Idea ID

#10320

Now Entry Stop TP

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Thesis and checks

BNB shows a bearish setup across multiple timeframes, favoring a short scalp trade with a good risk-reward ratio.

5m chart: Bearish engulfing candle formed after a minor pullback, indicating short-term selling pressure.
15m chart: Price rejected resistance near $605 with declining volume, confirming supply zone.
1h chart: Downtrend continuation confirmed by lower highs and lower lows, supporting short bias.
Stop placed just above recent resistance at $605 to limit risk.
Targets set near recent support levels at $590, $585, and $580 for quick profit-taking.

Trade ideas are educational. Manage risk and position size.