$BNB
BNB/USDT Scalping Analysis
Market Trend:
Overall trend is still bearish, but a short-term relief bounce has occurred. Price is near EMA 7 & 25, while EMA 99 is currently providing resistance above.
RSI is around ~70 ā slightly overbought, so there is a chance of rejection if it goes up.
SHORT Trade (Safer Option)
Sell Zone: 635 ā 640
Stop Loss: 648
Take Profit:
TP1: 625
TP2: 615
TP3: 600
š If the price reaches 635ā640 and faces rejection, shorting will be best.
LONG Trade (Scalp Only)
Buy Zone: 620 ā 625
Stop Loss: 612
Take Profit:
TP1: 635
TP2: 645
š This is only a short-term scalp, not for long holding.
