$BCH is showing signs of weakness around the higher levels, with the recent move struggling to maintain strong buying pressure. If this resistance area continues to hold and sellers remain active, another downside rotation could develop.
Trading Ideas — Short $BCH
Entry: 245 - 254
SL: 265
TP1: 239
TP2: 232
TP3: 226
Manage risk carefully, avoid chasing the entry, and reassess the setup if price breaks above the invalidation level. Consider securing partial gains as targets are reached.
DYOR (Do Your Own Research).
Trading Ideas — Short $BCH
Entry: 245 - 254
SL: 265
TP1: 239
TP2: 232
TP3: 226
Manage risk carefully, avoid chasing the entry, and reassess the setup if price breaks above the invalidation level. Consider securing partial gains as targets are reached.
DYOR (Do Your Own Research).
