$BNB /USDT's RSI just flashed a rare signal unseen since the last major dip.

$BNB - SHORT

Trade Plan:

Entry: 599.262477 – 602.157523

SL: 609.39514

TP1: 592.024861

TP2: 589.129814

TP3: 583.339721

Why this setup?

• 15m RSI at 26.95 shows extreme oversold conditions on a lower timeframe, often preceding a short-term bounce or a continuation trap within a larger downtrend.

• The 1D trend is bearish, giving high-confidence context for any bounce to be sold into. Current price is at a critical SHORT entry zone.

• ATR indicates volatility is present; a move towards the first TP at 592.0 could be swift.

Debate:

Is this oversold RSI a bear trap or the start of the next leg down to TP2?

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