The bounce in BNB may just be a bear trap.



$BNB /USDT - SHORT

Trading Plan:
Entry: 584.08 – 585.82
SL: 593.33
TP1: 578.67
TP2: 574.48
TP3: 568.19

Why focus on this structure?
- The 4-hour trend is clearly bearish, and the 1-day trend is also bearish—this is a dual time frame resonance.
- The current price of 584.95 is precisely under EMA resistance, and the 15-minute RSI at 63.63 shows limited bounce momentum.
- Why now? Because the price has reached a key resistance zone, and a SHORT signal with 95% confidence implies a high probability of a bull trap.

Discussion:
Will it first drop to TP1 at 578.67, or go directly to TP2 at 574.48?
BNB-0.84%
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