BNB short setup: the levels I'm watching

🔴 SHORT $BNB /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 704.157 – 705.323
TP1: 693.059 (-1.7%)
TP2: 685.272 (-2.8%)
TP3: 673.591 (-4.4%)
SL: 720.315 (+2.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 4/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 38.0)
Risk: BTC is rising, this coin follows (corr 0.78)

In plain words:
The daily trend reads range, and 4/12 signals aligned favour the short side. The plan is to work the 704.157 – 705.323 zone, scale out at 693.059 and 685.272, and stay patient for 673.591. A move through 720.315 means the idea is wrong and the stop does its job.

Does BNB tag 693.059 first, or the stop?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.