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Most traders are still bullish on BNB — and that’s exactly why I’m shorting it.
$BNB /USDT - SHORT
Trade Plan:
Entry: 607.73 – 608.97
SL: 614.34
TP1: 603.85
TP2: 600.86
TP3: 596.36
Why this setup?
• 4h trend is bearish with 95% confidence — the data doesn’t lie.
• RSI on 15m is 68.31, nearing overbought in a downtrend — classic reversal zone.
• Entry at 608.35 with TP1 at 603.85 means a 0.7% drop in hours, not days.
• Why now? The market is waiting, but momentum is already cracking.
Debate:
Are you fading the 4h bearish structure or buying the dip at 607.95?