Is this the final straw for BNB longs? 578 has broken down!



$BNB /USDT - Short SHORT

Trading plan:
Entry: 577.5 – 578.7
SL: 583.8
TP1: 573.8
TP2: 570.9
TP3: 566.7

Why focus on this structure?
- 4-hour timeframe: bearish structure confirmed; the 1-day trend is clearly bearish.
- RSI on the 15-minute chart is 48.99; the bounce lacks strength, and short momentum is building up.
- Current price is 578.1; TP1 = 573.8 (0.7% from the target), TP2 = 570.9; stop-loss at 583.8 to lock in risk.
- Why now? 95% confidence + trend confluence— the short entry window is open; a pullback is the entry opportunity.

Discussion:
Will this wave reach TP2 first, or will it fake a rally to hit the stop loss? Comment your take in the comment section!
BNB-0.61%
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