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Who dares to take long positions amid this BNB bearish move?
$BNB /USDT - SHORT sell
Trading plan:
Entry: 576.85 – 578.25
SL: 584.29
TP1: 572.50
TP2: 569.13
TP3: 564.07
Why focus on this structure?
On the 4-hour timeframe, the bears are in control. The 15-minute RSI is only 39.58, with weak momentum. Best entry is 577.55, TP1 572.50, TP2 569.13, stop loss 584.29. Why now? The 1-day trend is clearly bearish, with 95% confidence—the timing to chase the short is here.
Discussion:
Will TP2 hit first, or will a bull trap pullback happen first? See who’s right in the comments.