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BNB bulls’ final wild party? RSI on 15m has already surged to 77!
$BNB /USDT - Going SHORT for a short
Trading plan:
Entry: 579.64 – 580.86
SL: 586.11
TP1: 575.85
TP2: 572.92
TP3: 568.53
Why focus on this setup?
- The 4-hour structure confirms bearishness; the daily trend is clearly down. 95% confidence isn’t a joke.
- RSI 15m at 77.34 is extremely overbought, with massive pressure for a short-term pullback.
- Key resistance at 580.25; price is already pushing close—odds of a bull-trap are very high.
- Why now? Overbought + trend suppression, and the short entry point is right in front of you.
Discussion:
Will this move pump first to TP2 and then dump in a waterfall, or will it directly break through 575? Which script do you choose?