🔻 $BCH – Waiting for Confirmation on the Short Setup!
BCH is still under selling pressure. The $279 level is becoming notable resistance, as price has tried several times to break above it but failed each time.
I'm leaning toward further downside, but I won't rush into a trade without confirmation.
📍 $BCH Short Plan:
⟶ Entry: $273.30 – $274.20
• TP1: $270
• TP2: $267
• TP3: $264
⛔ SL: $281.10
⚠️ What to watch:
If price breaks below $272, selling pressure could increase, opening the way toward the $270–$264 zone.
If price reclaims $279 and holds above it, the Short scenario will weaken.
I'd rather wait for a clearer signal than FOMO into a trade. Protecting capital is still more important than trying to catch every dip.
👀 What do you think—will BCH reach $264, or will the bulls turn things around?
BCH is still under selling pressure. The $279 level is becoming notable resistance, as price has tried several times to break above it but failed each time.
I'm leaning toward further downside, but I won't rush into a trade without confirmation.
📍 $BCH Short Plan:
⟶ Entry: $273.30 – $274.20
• TP1: $270
• TP2: $267
• TP3: $264
⛔ SL: $281.10
⚠️ What to watch:
If price breaks below $272, selling pressure could increase, opening the way toward the $270–$264 zone.
If price reclaims $279 and holds above it, the Short scenario will weaken.
I'd rather wait for a clearer signal than FOMO into a trade. Protecting capital is still more important than trying to catch every dip.
👀 What do you think—will BCH reach $264, or will the bulls turn things around?