Are BNB longs being slowly bled out?



$BNB /USDT - SHORT to sell

Trading plan:
Entry: 562.84 – 564.26
SL: 570.34
TP1: 558.46
TP2: 555.06
TP3: 549.97

Why focus on this structure?
- The 1D trend is clearly bearish; RSI on 15m is only 36.37, and bearish momentum hasn’t faded.
- Current price 563.55 is close to 4h EMA resistance; bounces lack strength—typical “slow bleed” structure.
- Why now? On the 4-hour timeframe, the bearish order book is aligned, and ATR volatility is low—ideal for setting short positions early.

Discussion:
Will this SHORT first take TP1 at 558, or should we wait directly for TP2 at 555?
BNB-1.18%
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