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The 15-minute RSI for BNB has exceeded 71, and short sellers are building momentum.
$BNB /USDT - SHORT
Trading Plan:
Entry: 574.55 – 575.95
SL: 582.02
TP1: 570.17
TP2: 566.79
TP3: 561.71
Why target this structure?
- The 1-day trend is clearly bearish, 4-hour signals point to SHORT, with a 95% win rate.
- Current price 575.25 is near the entry zone, with dense resistance above, and RSI at elevated levels signaling a pullback risk.
- Targets: TP1 at 570.17, TP2 at 566.79, stop-loss at 582.02 for strict risk control.
Discussion:
Do you think BNB will hit TP1 first or bounce to lure longs? Place the order or wait for confirmation?