Everyone is watching the BNB buys at 566; my data says they’re just bag-holders. The 15-minute RSI has fallen below 28 and is oversold, but momentum is still bearish.



Entry at 565.7 to 566.3, stop loss at 573, risk is manageable. First target 561, second target 557.6, third target 552.6. Key resistance is 566. The daily trend is clearly downward, and the short-selling conviction is 85%.

Are you going to short directly, or wait for a fake breakout to rebound before entering?

$BNB
BNB-3.23%
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EmotionFreeze
· 5h ago
566 is the key resistance—if it keeps failing to break through, shorting is basically handing over money in the market.
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FibonacciFan
· 5h ago
The daily trend is down, that’s right, but the 15-minute timeframe is severely oversold. Wait for a rebound to around 568 before entering for safer conditions.
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SequencerWatcher
· 5h ago
The entry range is too narrow—stop loss at 573 isn’t too bad, but if it drops straight through 560, that would be great.
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GasTokenHorde
· 6h ago
The three take-profit tiers are set well, but I suggest widening the stop-loss to 577 to prevent being swept out by price spikes.
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GasTide
· 6h ago
I’m planning to go short directly. The market is clearly weak—waiting longer only makes it easier to miss the move. Better to get on the train first and deal with it from there.
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LeekLighthouse
· 6h ago
These numbers look fairly reliable, but the broader market sentiment is weak; I feel the rebound strength will be limited.
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TokenomicsTailor
· 6h ago
Your strategy is pretty much the same as my thinking. I just went short at 565.8, and I’m getting ready to take the first target.
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