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BNB 4-hour timeframe bearish signal—95% win rate, would you dare to follow?
$BNB /USDT - Short SHORT
Trading plan:
Entry: 575.2 – 576.6
SL: 582.3
TP1: 571.1
TP2: 567.8
TP3: 563.0
Why focus on this setup?
- The daily trend is clearly bearish, short with the trend.
- Current price is 575.9; it’s only 4.8 dollars from TP1, with a risk-reward ratio over 2:1.
- RSI on the 15-minute chart is 53.4; it hasn’t hit oversold yet, and there’s still room to the downside.
Discussion:
Will this drop directly to TP2 567.8, or will it first bounce to lure longs before falling?