$BCH (Bitcoin Cash) Short Setup 📉
Stop stop guys... pay attention here.
$BCH is not looking strong anymore, and this area is giving me clear bearish pressure. After that massive drop, a lot of people will still try to force a long from here thinking it’s a "bottom," but this chart is starting to show weakness. Usually, these small bounces end the same way — a sharp move down when retail gets trapped.
I am watching this very closely. Price is sitting in a dangerous zone, rejection is showing up around the minor resistance, and momentum is not supporting more upside. That is why I am leaning short here.
This is exactly how market makers play it. They let people believe a recovery is coming, they keep price hovering near $425, and then once enough late buyers get comfortable... the dump continues. Smart traders prepare before it happens.
Short Setup
Entry: $424.50 – $428.00
SL (Stop Loss): $436.00
TP1 (Take Profit): $410.00
TP2: $395.00
Trade Here 👇👇👇👇
I believe this is coming down further. The 4H chart is already giving the signal. Now it is about staying calm, trusting the setup, and not getting trapped with the crowd.
Don’t chase. Don’t panic. Just watch how this plays out.
#BCH #CryptoTrading #TechnicalAnalysis #TradingSignals