BCH is probing support near 245.8, where a reentry setup is flashing. Order flow is balanced for now, but with most traders long at 1.48, the path of least resistance could be lower if that support fails. Funding is flat, so no extra fuel from positioning. Fresh participation isn't expanding yet—OI stable. This looks like a low-conviction bounce attempt inside a range, not a breakout.
$BCH
Trade Plan:
Entry: 245.81
SL: 244.949665
TP1: 246.916145
TP2: 256.87742857
Risk: Crowded longs and bearish price structure mean a break below 244.95 could trigger a quick unwind. Range conditions may limit upside to TP1.
Question: Will buyers defend 245.8, or does the bearish structure win out?
#RADAR #Crypto #BCHUSDT
$BCH
Trade Plan:
Entry: 245.81
SL: 244.949665
TP1: 246.916145
TP2: 256.87742857
Risk: Crowded longs and bearish price structure mean a break below 244.95 could trigger a quick unwind. Range conditions may limit upside to TP1.
Question: Will buyers defend 245.8, or does the bearish structure win out?
#RADAR #Crypto #BCHUSDT
