Is this 4-hour bearish candle on BNB a continuation signal for the downtrend or a reversal signal?



$BNB /USDT - SHORT

Trading plan:
Entry: 568.2 – 569.6
SL: 575.4
TP1: 564.0
TP2: 560.8
TP3: 555.9

Why focus on this structure?
- The 1-day trend is clearly bearish; the 95% high-confidence SHORT signal has already been triggered.
- 15-minute RSI is 63.32; the rebound lacks strength, and the bearish momentum hasn’t fully been released yet.
- Entry reference at 568.9; TP1/564.0, TP2/560.8; stop loss at 575.4; the risk-reward ratio is close to 3:1.
- Why now? 4-hour EMA resistance pressure + 1-day bearish alignment means any short-term rebound is a chance to add position.

Discussion:
Will this move hit TP2 first, or will it directly wick to lure longs? Where are you placing your orders?
BNB-0.22%
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