Most traders are still buying BNB at 605—but the 4H chart just flashed its strongest short signal of the month.



$BNB /USDT - SHORT

Trade Plan:
Entry: 604.8 – 606.8
SL: 615.0
TP1: 598.9
TP2: 594.3
TP3: 587.4

Why this setup?
95% confidence SHORT with 1D trend already bearish. RSI on 15m sits at 42.6 (weak bounce zone). First target TP1 at 598.9 is only 7 away. The real move is TP3 at 587.4—that's a 3% drop from current entry. Why now? ATR on 1H is tight at 3.83, meaning volatility is compressing before a likely breakdown.

Debate:
Are you waiting for a retest of 612.9 to short, or do you enter here at 605.8 before the invalidation zone?
BNB-1.67%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned