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Trade Idea: BNB LONG

Opened 2026-02-28 19:00:56 · Valid until 2026-03-01 19:00:56 · Triggered 2026-02-28 19:40:03 · Closed 2026-02-28 20:25:02
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.
LONG CLOSED RR 1.70 Conf 78% Scalp 4-6 hours
Entry
612.00000000
Stop
606.00000000
Targets
618.00000000 / 622.00000000 / 625.00000000
Live price
628.77000000
Live ROI
2.74% vs entry
Idea ID
#8360
Now Entry Stop TP
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Thesis and checks

BNB shows bullish confluence across multiple timeframes supporting a short-term long scalp.

  • 5m chart: Price recently bounced off a strong support zone near 606 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold levels and MACD histogram is turning positive, signaling momentum shift to the upside.
  • 1h chart: Price is above the 20 EMA and forming higher lows, confirming an intraday uptrend.
  • Risk-reward ratio is above 1.6 with tight stop below recent support and targets near recent resistance levels, fitting scalp criteria.

Trade ideas are educational. Manage risk and position size.