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Everyone is bullish on BNB right now—here’s why that’s exactly the trap.
$BNB /USDT - SHORT
Trade Plan:
Entry: 551.76 – 553.74
SL: 562.28
TP1: 545.60
TP2: 540.84
TP3: 533.69
Why this setup?
• 4h structure is bearish with 95% confidence on SHORT entry at 552.75.
• RSI on 15m is 59.09—still room to drop before oversold.
• Daily trend is clearly bearish, so the path of least resistance is down.
• First target is 545.60, with TP2 at 540.84—that’s a quick 2%+ move against the crowd.
Debate:
Are you shorting BNB into 540 or waiting for a fakeout bounce first?