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BNB 4-hour signal: 95% chance of a bearish trap?
$BNB /USDT - SHORT
Trading plan:
Entry: 569.50 – 570.40
SL: 574.26
TP1: 566.72
TP2: 564.57
TP3: 561.33
Why focus on this structure?
- Current BNB is at 569.95. The 1D trend is clearly bearish, and the 15-minute RSI at 62 hasn’t reached overbought.
- Main direction: SHORT, with TP1 566.72, TP2 564.57, and SL 574.26.
- Why now? EMA suppression + high confidence—wait for confirmation below 570.4.
Discussion:
Will this move hit TP2 first, or is it a stop-out to induce a rebound?