Most traders ignore BNB when the 4H RSI crosses 70—here’s why that’s a trap.



$BNB /USDT - SHORT

Trade Plan:
Entry: 604.6 – 607.6
SL: 620.5
TP1: 595.3
TP2: 588.1
TP3: 577.3

Why this setup?
• 15m RSI at 70.08 signals local overbought exhaustion within a bearish 1D trend.• Entry zone: 606.1, with ATR at 6.0—tight stop at 620.5 means 2.4% risk for a 3.2% move to TP1 (595.3).• Why now? The 95% confidence short aligns with the daily downtrend and a classic RSI rejection setup.

Debate:
Are you fading this overbought spike or waiting for a clean breakdown below 604.6?
BNB5.12%
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