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BNB long’s final illusion?
$BNB /USDT - Sell SHORT
Trading plan:
Entry: 571.0 – 571.8
SL: 575.6
TP1: 568.3
TP2: 566.2
TP3: 563.1
Why focus on this structure?
- The 1-day trend is clearly bearish; the 15-minute RSI at 56.2 is just a rebound fakeout
- 4-hour EMA resistance; ATR 1.73 indicates volatility is tightening, and a reversal is imminent
- The current price is 571.4; TP1 at 568.3 is right in front of us—95% confidence bearish signal
Discussion:
Will this move reach TP2 566.2 first, or is it a bull trap rebound to hit the SL?