Selling pressure on
$BNB is accelerating. Bids are getting stepped on.
$BNB - SHORT
Trade Plan:
Entry: 606.02759 – 608.34106
SL: 614.12474
TP1: 600.24391
TP2: 597.93043
TP3: 593.30349
Why this setup?
BNB is printing a massive bear flag on the 4h. This consolidation at 607.184 is likely the final distribution before the next flush.
As long as price stays capped by 625.793, the downside thesis is high conviction. Targeting the liquidity pool resting under 593.303.
Debate:
Is BNB looking heavy to you too?
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