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Everyone’s still bullish on BNB—but the 4h chart just flashed a 95% confidence SHORT signal.
$BNB /USDT - SHORT
Trade Plan:
Entry: 615.6 – 617.4
SL: 625.0
TP1: 610.1
TP2: 605.9
TP3: 599.5
Why this setup?
Why now? RSI on 15m is climbing to 55.68, but that’s a dead cat bounce inside a bearish 1D trend. Entry zone at 616.5 with tight ATR of 3.54 means volatility is low—perfect for a clean breakdown. Primary target: TP1 at 610.1, then TP2 at 605.9. The alt setup is a trap (TPs above entry), so ignore the pump noise.
Debate:
Are you shorting the bounce at 616.5 or waiting for a retest of 613.1 invalidation?