BNB 4-hour top divergence, are the shorts already set up?



$BNB /USDT - SHORT sell

Trading plan:
Entry: 583.20 – 584.50
SL: 590.10
TP1: 579.16
TP2: 576.04
TP3: 571.35

Why focus on this structure?
- RSI 15-minute is overbought at 72, and the 1-day trend is clearly bearish; any long rebound is unlikely to last.
- Current price 583.85 is stuck under EMA resistance, and the 4-hour bearish signal has been activated with 95% confidence.
- Why now? ATR is only 2.6; after volatility contraction, it often comes with an accelerated breakout—downside probability is very high.

Discussion:
Will this SHORT hit TP2 first (576.04), or is it a fakeout that pulls back up?
BNB-0.18%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned