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Most traders are about to get wrecked on BNB—here’s why the 4h chart screams trap.
$BNB /USDT - SHORT
Trade Plan:
Entry: 602.28 – 605.82
SL: 621.08
TP1: 591.28
TP2: 582.76
TP3: 569.99
Why this setup?
• 95% short confidence with a 1D bearish trend, but RSI on 15m sits at 52.79—not oversold, just indecisive.
• Entry at 604.05 is tight between resistance (605.82) and support (602.28), meaning a fakeout is likely before the drop.
• TP1 at 591.28 is a 2% move; the real play is the breakdown below 602 for a fast slide to TP2 (582.76).
Debate:
Are you shorting into the 4h zone or waiting for a retest of 606 first?