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Is the last escape window for BNB bulls still 4 hours away?
$BNB /USDT - Short SHORT
Trading plan:
Entry: 573.05 – 574.25
SL: 579.41
TP1: 569.33
TP2: 566.45
TP3: 562.13
Why focus on this structure?
- The daily trend is clearly bearish. The 4-hour RSI has already fallen below 40, and momentum is accelerating downward.
- The key resistance level is 574.25. If it can’t break through, the shorts will go straight for TP1: 569.33.
- Entering short now gives a risk-reward of 1:3, with a clear stop loss at 579.41.
Discussion:
Will this move hit TP2 first and then bounce, or will it directly wick down to lure shorts?