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Everyone’s still buying BNB at 589—but the 1D bearish trend says they’re wrong.
$BNB /USDT - SHORT
Trade Plan:
Entry: 588.47 – 591.03
SL: 602.05
TP1: 580.52
TP2: 574.37
TP3: 565.14
Why this setup?
4h SHORT signal armed at 95% confidence. RSI 15m at 44.34—already below neutral, no bounce yet. ATR 1h of 5.12 means volatility is high enough to hit TP1 at 580.52 fast. Why now? Because the 1D trend is bearish and the entry zone (588.47–591.03) is the last chance before momentum accelerates south.
Debate:
If BNB breaks below 588.47, do you short to TP2 or wait for a retest?