Is BNB’s rebound just a bull trap to lure longs?



$BNB /USDT - SHORT to go short

Trading plan:
Entry: 569.3 – 570.3
SL: 574.3
TP1: 566.5
TP2: 564.2
TP3: 560.9

Why focus on this structure?
- The 4-hour timeframe confirms a bearish trend; on the 15m, RSI is only 44.3, and momentum is weak.
- The current price 569.8 is close to EMA resistance pressure, and the 1-day trend is clearly bearish.
- Why now? The upside for a short-term rebound is limited; the short signal has 95% confidence, and TP1 at 566.5 is right ahead.

Discussion:
Should this short position take TP1 first, or immediately dip into 560?
BNB0.34%
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