Trade Idea: BNB SHORT

Opened 2026-03-02 08:56:06 · Valid until 2026-03-03 08:56:06 · Triggered 2026-03-02 10:17:01 · Closed 2026-03-02 11:46:02

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

618.29000000

Stop

623.00000000

Targets

613.50000000 / 610.00000000 / 607.50000000

Live price

626.35000000

Live ROI

-1.30% vs entry

Idea ID

#8497

Now Entry Stop TP

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Thesis and checks

BNB shows bearish confluence across multiple timeframes indicating a short scalp opportunity near current price.

5m chart: Bearish engulfing candle after a minor pullback suggests immediate downside momentum.
15m chart: Price rejected resistance near 620 with RSI divergence confirming weakening bullish strength.
1h chart: Downtrend continuation pattern with lower highs and lower lows supports short bias.
Stop placed above recent minor resistance to limit risk; targets set near recent support levels for favorable risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.