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Everyone’s still bullish on BNB — that’s exactly why I’m shorting it at 95% confidence.
$BNB /USDT - SHORT
Trade Plan:
Entry: 586.5 – 587.9
SL: 594.1
TP1: 582.0
TP2: 578.6
TP3: 573.4
Why this setup?
- 4h timeframe shows a clear bearish trend, while 15m RSI at 74.5 screams overbought.
- Entry zone 587.2–587.9, with TP1 at 582.0 — a quick 0.9% drop before momentum accelerates.
- Why now? The 1D trend is bearish, and ATR (2.87) suggests volatility is compressing for a breakdown.
Debate:
Is 578.6 (TP2) the real target, or will the bulls trap you at 594.1? What’s your move?