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Most traders are still buying BNB at 588 – here’s why I just flipped short.
$BNB /USDT - SHORT
Trade Plan:
Entry: 586.9 – 589.5
SL: 600.8
TP1: 578.8
TP2: 572.5
TP3: 563.0
Why this setup?
4H chart just armed a SHORT signal at 95% confidence. Daily trend is clearly bearish, and RSI on 15m sits at 46.71 – still room to drop. Entry zone: 586.9–589.5 with TP1 at 578.8, TP2 at 572.5. Why now? ATR shows tight 1h volatility at 5.24, meaning the next move could be explosive downward.
Debate:
Are you shorting BNB into 572 or waiting for a fakeout bounce first?