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Everyone is bullish on BNB, but the 4h chart is screaming a 95% confidence short.
$BNB /USDT - SHORT
Trade Plan:
Entry: 609.59 – 610.71
SL: 615.52
TP1: 606.12
TP2: 603.44
TP3: 599.41
Why this setup?
Why now? The daily trend is bearish, RSI on 15m is at 60.53 (overbought for a short setup), and price is hovering at the 1h pivot of 610.15. The ATR is tight at 2.23, suggesting a squeeze is imminent. TP1 at 606.12 is within reach, and a break below 608.20 invalidates the long thesis.
Debate:
Are you taking this short to TP3 at 599.41 or waiting for a fakeout above 615.52?