Most traders are still buying BNB while the 1D trend screams bearish.



$BNB /USDT - SHORT

Trade Plan:
Entry: 595.53 – 597.97
SL: 608.45
TP1: 587.98
TP2: 582.13
TP3: 573.35

Why this setup?
Why now? RSI on the 15m is at 67.92, approaching overbought in a bearish structure. 4h direction is SHORT with 95% confidence. Entry zone is tight at 596.75, with TP1 at 587.98 and TP2 at 582.13. The risk/reward favors the downside as long as price stays below invalidation at 612.49.

Debate:
Are you stacking shorts here or waiting for a bounce to trap the late bulls?
BNB-0.43%
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