🚨 $BCH EXHAUSTION AT OVERHEAD SUPPLY AS SELLERS PREPARE TO HAMMER RESISTANCE! 📉
Entry: 279.74 - 288.26 ⚡
Target: 275.48, 267.96, 261.32 🎯
Stop Loss: 310.0 🛑
📌 The recent relief bounce on $BCH is running straight into thick overhead supply, and the bid depth is visibly thinning out. 📊 Sellers are leaning heavily into this distribution zone, turning every push higher into passive absorption before the next leg down.
💡 Once local support folds beneath this shelf, expect cascading stops to fuel rapid downside continuation toward lower liquidity pools. 💬 Are you shorting this distribution block or waiting for a structural breakdown first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BCH #ShortSetup #PriceAction #CryptoTrading
🎯 🐻
Entry: 279.74 - 288.26 ⚡
Target: 275.48, 267.96, 261.32 🎯
Stop Loss: 310.0 🛑
📌 The recent relief bounce on $BCH is running straight into thick overhead supply, and the bid depth is visibly thinning out. 📊 Sellers are leaning heavily into this distribution zone, turning every push higher into passive absorption before the next leg down.
💡 Once local support folds beneath this shelf, expect cascading stops to fuel rapid downside continuation toward lower liquidity pools. 💬 Are you shorting this distribution block or waiting for a structural breakdown first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BCH #ShortSetup #PriceAction #CryptoTrading
🎯 🐻