๐จ $BCH CONFRONTS OVERHEAD SUPPLY AFTER FAILED BREAKOUT ATTEMPT! ๐
Entry: 267.92 - 276.08 โก
Target: 263.84, 255.68, 250.24 ๐ฏ
Stop Loss: 295.0 ๐
๐ Price action on $BCH shows aggressive exhaustion directly into local overhead resistance, signaling an inefficient auction and heavy institutional supply absorption. ๐ Sellers are systematically defending the premium zone, setting up a structural rotation back toward discount liquidity pools.
๐ If distribution holds across this supply block, expect momentum to accelerate toward lower structural imbalances. ๐ฌ Are you taking the short continuation here, or waiting for a deeper sweep above resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BCH #ShortSetup #PriceAction #CryptoTrading
๐ฏ ๐ฆ
Entry: 267.92 - 276.08 โก
Target: 263.84, 255.68, 250.24 ๐ฏ
Stop Loss: 295.0 ๐
๐ Price action on $BCH shows aggressive exhaustion directly into local overhead resistance, signaling an inefficient auction and heavy institutional supply absorption. ๐ Sellers are systematically defending the premium zone, setting up a structural rotation back toward discount liquidity pools.
๐ If distribution holds across this supply block, expect momentum to accelerate toward lower structural imbalances. ๐ฌ Are you taking the short continuation here, or waiting for a deeper sweep above resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BCH #ShortSetup #PriceAction #CryptoTrading
๐ฏ ๐ฆ