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Everyone’s bullish on BNB—here’s why I just flipped short at 606.75.
$BNB /USDT - SHORT
Trade Plan:
Entry: 605.74 – 607.76
SL: 616.47
TP1: 599.46
TP2: 594.61
TP3: 587.32
Why this setup?
95% confidence SHORT on $BNB /USDT. The 1D trend is bearish, and price is hugging the 4h entry zone with RSI neutral at 50 on 15m—no momentum to save it. Why now? The ATR is tight at 4.04, meaning a clean breakdown to TP1 (599.46) is likely before any bounce. The “Waiting” status signals the trap is set.
Debate:
Are you holding BNB bags or ready to short this dip before it drops to 587?