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Everyone is bullish on BNB while the smart money just loaded a 95% confidence SHORT.
$BNB /USDT - SHORT
Trade Plan:
Entry: 592.81 – 595.29
SL: 605.92
TP1: 585.15
TP2: 579.21
TP3: 570.31
Why this setup?
4h RSI is crushed at 24.1 on the 15m — oversold doesn’t mean reversal when the daily trend is bearish. ATR at 4.94 gives room for a cascade. Entry zone 594.05 with TP1 at 585.15 — the path of least resistance is down until we reclaim 596.
Debate:
Are you scaling into shorts here or waiting for a dead cat bounce to 596?