$BNB/USDT - SHORT🚨
Trade Plan:
Entry: 549.81 – 568.00
SL: 585.00
TP1: 520.00
TP2: 505.00
TP3: 480.00
Why this setup?
The daily chart shows a clean lower-high rejection pattern with the price dropping -4.27% toward the local 24h low of 546.60. SuperTrend (630.05) and Parabolic SAR (612.16) maintain clear overhead resistance ceilings. While the short-term RSI(6) is deeply oversold at 20.57, the expanding red bars on the MACD histogram (-2.59) and aggressive selling volume validate strong bearish momentum. Any weak intraday relief bounce will likely encounter immediate institutional supply and extend the breakdown phase downward.
BNBUSDT
Perp
560.18
-2.88%
#bnb #SKHynixADRListing #BTCFallsBelow200WeekMA #BTCBreaksBelowRainbowChartFloor #GoldDipsBelow$4000