Trade Idea: BNB SHORT

Opened 2026-01-12 02:50:43 · Valid until 2026-01-13 02:50:43 · Triggered 2026-01-12 03:44:03 · Closed 2026-01-12 10:55:02

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 CLOSED RR 1.70 Conf 75% Scalp hours

Entry

906.22000000

Stop

912.00000000

Targets

898.00000000 / 894.00000000 / 890.00000000

Live price

933.53000000

Live ROI

-3.01% vs entry

Idea ID

#6726

Now Entry Stop TP

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Thesis and checks

Analyzing BNB on multiple timeframes reveals a short bias with strong confluence signals:

5m chart: Bearish engulfing candle near resistance at $908, indicating short-term selling pressure.
15m chart: RSI divergence showing lower highs while price attempts to rally, signaling weakening momentum.
1h chart: Price rejected at the 50 EMA, confirming resistance and potential for a pullback.
Current price near $906.22 aligns well with stop above recent highs at $912 and targets set just below recent support levels for a favorable risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.