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Everyone’s buying the dip on BNB — I’m watching the trap door open at 593.8.
$BNB /USDT - SHORT
Trade Plan:
Entry: 592.5 – 595.1
SL: 606.2
TP1: 584.5
TP2: 578.3
TP3: 569.1
Why this setup?
4h SHORT signal with 95% confidence. RSI on 15m is 39.29 (weak bounce, not a reversal). Daily trend is bearish. ATR shows tight volatility — a break below 592.5 could cascade to TP1 (584.5) fast. Why now? The 593.8 entry is acting as resistance, and the alt setup is invalid above 595.1.
Debate:
Is 584.5 the real floor, or just a pit stop to 569?