BCH is testing the 210-level resistance after a tight 2.8% pull-back, and the next candle could flip the bias. Momentum is waning as sellers dominate the 30-minute frame.
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๐ด
$BCH SHORT ๐
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๐ Entry Range: $334.0356 โ $334.7044
๐ Stop Loss: $344.4011 (-3.0%)
๐ฏ TP1: $329.3544 (+1.5%)
๐ TP2: $317.6515 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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A clear change of character broke the swing high, confirmed by a rising CVD that shows volume flowing to the downside. The fair value gap from the 215-210 range aligns with an order block at 212, and a recent liquidity sweep hit the 209 level, giving a POI where the OB and FVG overlap. The structure now forms a descending triangle, primed for a short.
A 3.0% stop is relatively tight, so 5-10x leverage keeps risk in check.
Take half profit around the 205 level, roughly a 1.5% gain, and let the remainder run to the 200 target.
As always: manage your risk, this is not financial advice ๐
$BCH #BCHUSDT #LUNC #TradingSignals #Write2Earn