What are the BNB longs still waiting for? A 4-hour reversal signal has appeared



$BNB /USDT - SHORT

Trading plan:
Entry: 580.46 – 581.64
SL: 586.73
TP1: 576.79
TP2: 573.95
TP3: 569.69

Why focus on this setup?
- The 1D trend is clearly bearish, with a 95% confidence level pointing to SHORT
- Current price 581.05 is near an EMA resistance zone, and the RSI on 15m is only 56.21, not overbought
- Why now? Short (bear) momentum is building on the 4-hour timeframe; TP1 is at 576.79, with a risk-reward ratio of over 2:1

Discussion:
Will this move first wick down to 576.79 and then bounce, or will it drop straight to 569.69?
BNB1.22%
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