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Everyone’s still bullish on BNB—but the 1D trend just flipped death cross.
$BNB /USDT - SHORT
Trade Plan:
Entry: 589.5 – 590.7
SL: 595.8
TP1: 585.8
TP2: 583.0
TP3: 578.7
Why this setup?
95% confidence on a SHORT entry right at 590.1 resistance. RSI on 15m is 54.5—neutral, not oversold—so no bounce fuel. 4h structure is breaking down, and ATR is tight at 2.37, meaning a clean slide to TP2 (583) is the path of least resistance. Why now? Because the daily bearish confirmation is fresh, and the 590.7 high is a liquidity grab before the drop.
Debate:
Do you trust a 95% short signal at resistance, or is this the trap before a 597 squeeze?