🔴 $BCH BEARISH STRUCTURE STRETCHED AS SELLERS PREPARE FOR CONTINUATION 📉
Entry: 239.92 – 240.51 ⚡
Target: 235.25 🚀
Stop Loss: 246.85 ⚠️
The 4-hour and 1-hour moving average stacks remain firmly under seller control, but price is currently extended far below the hourly average. 📊 We are looking for a measured relief bounce right back into the resistance zone to reload shorts rather than chasing the lows. ⚡
Momentum indicators show the hourly RSI hovering near 30.7 with directional indices confirming strong downside pressure. 🔍 Patient execution is everything here while waiting for a confirmed rejection candle inside our setup zone. 💬 Are you fading this relief bounce or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BCH #ShortSetup #CryptoFutures #Trading
🔴 📉
Entry: 239.92 – 240.51 ⚡
Target: 235.25 🚀
Stop Loss: 246.85 ⚠️
The 4-hour and 1-hour moving average stacks remain firmly under seller control, but price is currently extended far below the hourly average. 📊 We are looking for a measured relief bounce right back into the resistance zone to reload shorts rather than chasing the lows. ⚡
Momentum indicators show the hourly RSI hovering near 30.7 with directional indices confirming strong downside pressure. 🔍 Patient execution is everything here while waiting for a confirmed rejection candle inside our setup zone. 💬 Are you fading this relief bounce or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BCH #ShortSetup #CryptoFutures #Trading
🔴 📉
