tracking the structure on $BCH, with leverage near 40x, lost support and sellers are still pressing the move
The planned entry is an area to watch for a failed bounce; it avoids chasing an already extended drop. The faster average is below the slower trend line, so sellers still have the broader structure on their side. The 24-hour move stands at -4.08%, with the latest price near 232.5. Activity is up to roughly 3.2x normal volume, so the move is attracting more participation than usual. RSI is 23.8; momentum is weak, so a reversal needs confirmation rather than an assumption. The nearby map is support around 234.2 and overhead resistance close to 243.6. Among 84 setups that passed the scan filters, this currently ranks first; the entry still needs to hold before it becomes actionable.
Short setup | Spot chart | 1H
Entry: 232.4–233.1
TP1: 224.6 | TP2: 217.6 | TP3: 209.5
Stop Loss: 241
#BCH #Write2Earn! #crypto #Binance
The planned entry is an area to watch for a failed bounce; it avoids chasing an already extended drop. The faster average is below the slower trend line, so sellers still have the broader structure on their side. The 24-hour move stands at -4.08%, with the latest price near 232.5. Activity is up to roughly 3.2x normal volume, so the move is attracting more participation than usual. RSI is 23.8; momentum is weak, so a reversal needs confirmation rather than an assumption. The nearby map is support around 234.2 and overhead resistance close to 243.6. Among 84 setups that passed the scan filters, this currently ranks first; the entry still needs to hold before it becomes actionable.
Short setup | Spot chart | 1H
Entry: 232.4–233.1
TP1: 224.6 | TP2: 217.6 | TP3: 209.5
Stop Loss: 241
#BCH #Write2Earn! #crypto #Binance
