BNB at 562 — is the major player washing out or accumulating?



$BNB /USDT - LONG

Trade Plan:
Entry: 561.87 – 563.63
SL: 551.77
TP1: 570.98
TP2: 576.47
TP3: 584.71

Why focus on this structure?
- The daily trend is bearish, but the 4-hour signal is clearly bullish, with 84% high confidence.
- RSI on the 15-minute is only 38.29, in oversold territory, with rebound momentum building.
- Current price 562.75 is hugging EMA support, making it the golden entry point for a LONG.
- TP1 at 570.98 is within reach, with a risk-reward ratio exceeding 3:1.

Discussion:
Will this rebound first reach TP1 at 570, or break straight through SL at 551?
BNB-3.22%
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