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BNB longers’ last wild party? 576 is the ceiling
$BNB /USDT - Go SHORT
Trading plan:
Entry: 575 – 577
SL: 583
TP1: 571
TP2: 567
TP3: 562
Why focus on this structure?
- On the daily, the downtrend is clear; the 4-hour EMA bearish crossover is capping price, and around 576 is the extreme limit for a short-term rebound.
- RSI on the 15m is only 54.85; momentum is weak, so the rebound is a sell point.
- If you don’t short now, waiting to chase after TP1 571 breaks will be too late.
Discussion:
Short at 576—will this move reach TP2 567 first, or should we go straight to SL?