Are BNB longs dancing on the edge of a cliff?



$BNB /USDT - SHORT

Trading plan:
Entry: 574.91 – 576.19
SL: 581.70
TP1: 570.94
TP2: 567.86
TP3: 563.25

Why focus on this structure?
- A 4H SHORT signal with confidence 95%, and the 1D trend is clearly bearish.
- The current price 575.55 is hugging the EMA; RSI(15m) 50.69 is neutral-to-weak with no rebound momentum.
- Why now? Once it breaks below 574.91 support, it will accelerate toward TP1=570.94, with the stop loss at 581.70, which is 1% above the current price.

Discussion:
Will this wave first smash down to TP2=567.86 and then rebound, or will it directly lure longs to trigger a short squeeze—wiping out shorts?
BNB1.17%
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