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BNB 4-hour chart hides danger—will you dare to catch this short move?
$BNB /USDT - Short SHORT
Trading plan:
Entry: 580.10 – 581.20
SL: 585.92
TP1: 576.70
TP2: 574.07
TP3: 570.12
Why focus on this structure?
- The daily trend is clearly bearish; under 4-hour EMA suppression, the 15m RSI is only 58.25, and rebounds lack strength.
- Around 580.65, TP1 is at 576.70, TP2 at 574.07, with the stop loss set at 585.92, and a risk-reward ratio of 1:2.
- Why now? 1-hour ATR is only 2.19; volatility has tightened, and the odds of accelerated downside after a break are high.
Discussion:
Will this move hit TP2 first, or will it fake a long and pull back to 585?