$BCH is testing a level that has rejected price three times—watch this zone.
📊 Trade Setup: $BCH
• Direction: Long
• Entry zone: $262.31 — $299.37
• Invalidation / SL: $219.84
• Targets: TP1 $313.02 / TP2 $323.93
• Risk note: RSI is heavily overbought; risk only 1–2% and avoid chasing.
🔍 Why this setup matters:
✅ 15m/1h/4h structure remains bullish with HH/HL
✅ Volume is 5.52× average, showing strong participation
✅ 1h and 4h trend structure remains constructive
⚠️ What invalidates the idea: A decisive close below the $220.28 1h swing low breaks the bullish thesis.
I'm tracking updates under $BCH — tap the cashtag to follow.
#BCH #priceaction
📊 Trade Setup: $BCH
• Direction: Long
• Entry zone: $262.31 — $299.37
• Invalidation / SL: $219.84
• Targets: TP1 $313.02 / TP2 $323.93
• Risk note: RSI is heavily overbought; risk only 1–2% and avoid chasing.
🔍 Why this setup matters:
✅ 15m/1h/4h structure remains bullish with HH/HL
✅ Volume is 5.52× average, showing strong participation
✅ 1h and 4h trend structure remains constructive
⚠️ What invalidates the idea: A decisive close below the $220.28 1h swing low breaks the bullish thesis.
I'm tracking updates under $BCH — tap the cashtag to follow.
#BCH #priceaction