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Everyone is still longing BNB — but the 4h chart just flashed a 95% confidence SHORT signal.
$BNB /USDT - SHORT
Trade Plan:
Entry: 575.95 – 577.55
SL: 584.41
TP1: 571.00
TP2: 567.17
TP3: 561.43
Why this setup?
Daily trend is firmly bearish. RSI on the 15m is at 57.22, not oversold — meaning there’s room to drop. With ATR at 3.19 on the 1h, a move to TP1 at 571.00 is the path of least resistance. The alt setup is a trap: entry high at 577.55 with SL at 569.09? That’s a 1:1.2 risk-reward against the trend. Stick with the primary SHORT.
Debate:
Are you fading the primary signal and taking the alt long, or stacking shorts into TP2 at 567.17?