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Everyone’s still bullish on BNB — but the 4h chart just flashed a 95% confidence short signal.
$BNB /USDT - SHORT
Trade Plan:
Entry: 598.45 – 601.05
SL: 612.27
TP1: 590.36
TP2: 584.09
TP3: 574.70
Why this setup?
• Daily trend is bearish, and RSI on the 15m sits at 53.56 — no momentum to break resistance.
• Entry zone at 599.75 with TP1 at 590.36 (1.5% drop) and TP2 at 584.09.
• Why now? Price is hovering at a key level while ATR (1h 5.21) suggests volatility is primed to snap lower.
Debate:
Are you waiting for a fakeout above 601 before shorting, or pressing the button here?