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Why 95% of traders will miss BNB’s next 7% drop.
$BNB /USDT - SHORT
Trade Plan:
Entry: 577.65 – 582.05
SL: 601.01
TP1: 563.98
TP2: 553.40
TP3: 537.54
Why this setup?
4H bearish trend + RSI at 59 (room to fall). ATR volatility at 8.81 means TP1 at 563.98 is only 2.7% away. The “waiting” status is a setup, not a reversal.
Debate:
Are you shorting from 579.85 or waiting for a fakeout above 582?