$BCH price is facing resistance as it approaches supply zones, with upward momentum waning.

This suggests a potential shorting opportunity.

Entry: 600 – 605
Stop Loss (SL): 625
Take Profit (TP): 585 – 565 – 540

The price is currently consolidating around the 602 level, indicating difficulty in sustaining higher prices.

Each attempt to move higher is met with immediate selling pressure, confirming the presence of active supply in this area.

Given the lack of buyer conviction above this zone, a bearish outlook toward the TP levels of 585, 565, and 540 appears to be the most probable outcome.

📈 BCHUSDT