riskframework

A -6.012% slide leaves $BCH at 281.3, sitting beneath short‑term averages.

EMA20 at 287.03 and EMA50 at 287.86 now act as overhead resistance, while RSI 37.55 underscores fading momentum. That puts 275.4 as the nearby support to monitor, with 304.8 capping the upside.

📍 Potential entry: 282.98
🎯 Target 1: 260.11
🎯 Target 2: 237.24
🛑 Stop / invalidation: 305.85

Bearish continuation gains credibility on a rejection near 282.98 beneath the EMA band and loss of 275.4 support; it weakens if buyers reclaim 304.8 or price reaches 305.85.

Would you like an alert if price retests 282.98 or breaks below 275.4?

Not financial advice.

#BCH #RiskFramework #DownsideScenario