$BCH
Short-term: BCHUSDT has violently pumped up 28.47% over the past 24 hours, but the 1h chart has already flipped bearish, down -3.29%. The 4h timeframe is also sinking in sync, down -4.95%. The pull-up and distribution pace is clear, and the bias has turned bearish.
Entry: If the 1h breaks below 282.6, go short.
Support: 282.6
Resistance: 301.3
Stop-loss: If the 1h close gets back above 301.3, exit immediately.
That 28% surge was hammered out within 24h—chasing by retail is just catching a falling knife. Is the big money actually selling while pushing, or is there more to come? Are you brave enough to short?
Short-term: BCHUSDT has violently pumped up 28.47% over the past 24 hours, but the 1h chart has already flipped bearish, down -3.29%. The 4h timeframe is also sinking in sync, down -4.95%. The pull-up and distribution pace is clear, and the bias has turned bearish.
Entry: If the 1h breaks below 282.6, go short.
Support: 282.6
Resistance: 301.3
Stop-loss: If the 1h close gets back above 301.3, exit immediately.
That 28% surge was hammered out within 24h—chasing by retail is just catching a falling knife. Is the big money actually selling while pushing, or is there more to come? Are you brave enough to short?
