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What are BNB bulls waiting for? This signal last time rose 12%
$BNB /USDT - LONG
Trading plan:
Entry: 560.5 – 561.9
SL: 551.9
TP1: 568.2
TP2: 572.8
TP3: 579.8
Why focus on this structure?
- 4-hour LONG signal, confidence 84%, EMA support around 561.2
- Daily trend is slightly bearish, but RSI on the 15m is only 45.5; after oversold, there’s room for a rebound
- Targets TP1=568.2, TP2=572.8, stop loss 551.9, reward-to-risk over 3:1
- Why now? ATR on 1h is only 2.98, volatility is low—once it breaks, it explodes
Discussion:
Do you think this move hits TP2 first, or is it a bull trap?