Trade Idea: BNB SHORT

Opened 2026-03-02 11:50:56 · Valid until 2026-03-03 11:50:56 · Triggered 2026-03-02 11:58:02 · Closed 2026-03-02 14:36:02

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 1.80 Conf 75% Scalp hours

Entry

622.17000000

Stop

626.50000000

Targets

618.00000000 / 615.00000000 / 612.50000000

Live price

624.71000000

Live ROI

-0.41% vs entry

Idea ID

#8503

Now Entry Stop TP

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Thesis and checks

BNB shows a higher-probability short scalp opportunity based on multi-timeframe analysis:

5m chart: Bearish engulfing candle near resistance around $623, indicating short-term selling pressure.
15m chart: RSI divergence with lower highs while price is near a recent local high, suggesting weakening momentum.
1h chart: Price rejected at a key resistance zone around $625 with a bearish pin bar, confirming short bias.
Risk-reward ratio above 1.6 with tight stop loss just above resistance and targets set near recent support levels close to current price.

Trade ideas are educational. Manage risk and position size.