BCH is sliding beneath the 250‑day moving average, testing the 260‑level resistance that has held since June. The market’s appetite for risk is waning, leaving the coin vulnerable to a deeper pullback.
🔴 $BCH SHORT 📉 — Trade Plan
• Entry: $248.2215 – $248.7185
• Stop: $255.9241 (-3.0%)
• Target 1: $244.7430 (+1.5%)
• Target 2: $236.0465 (+5.0%)
• R/R 1:1.7 | Confidence 65%
A change of character broke the bullish swing, and the CVD turned negative confirming the shift. The fair value gap aligns with a descending order block, creating a POI where the OB and FVG overlap. With structure now in a lower high, the short bias feels aggressive.
A 3.0% stop is fairly tight on this volatility, so keep leverage at or below 3x to protect equity.
Consider taking half the position off at the first profit target to lock in gains.
Not financial advice — trade only what you can afford to lose 🙏
$BCH #BCHUSDT #scam #TradingSignals #Write2Earn
🔴 $BCH SHORT 📉 — Trade Plan
• Entry: $248.2215 – $248.7185
• Stop: $255.9241 (-3.0%)
• Target 1: $244.7430 (+1.5%)
• Target 2: $236.0465 (+5.0%)
• R/R 1:1.7 | Confidence 65%
A change of character broke the bullish swing, and the CVD turned negative confirming the shift. The fair value gap aligns with a descending order block, creating a POI where the OB and FVG overlap. With structure now in a lower high, the short bias feels aggressive.
A 3.0% stop is fairly tight on this volatility, so keep leverage at or below 3x to protect equity.
Consider taking half the position off at the first profit target to lock in gains.
Not financial advice — trade only what you can afford to lose 🙏
$BCH #BCHUSDT #scam #TradingSignals #Write2Earn