🐻 $BCH BEARISH STRUCTURE EXTENDED AS WE WAIT FOR THE OVERHEAD RELIEF RALLY 📉
Entry: 239.92 – 240.51 ⚡
Target: 235.25 🚀
Stop Loss: 246.85 ⚠️
The four-hour exponential moving average stack maintains a firm bearish bias while price action hovers extended below the baseline. We are patiently monitoring for an engineered counter-trend bounce into our supply zone before continuation downward. 📊
Momentum indicators on the lower timeframes confirm persistent selling pressure, though short-term RSI readings suggest a temporary relief move is healthy. 💡
💬 Are you positioning ahead of the pullback or waiting for confirmation on the fifteen-minute close? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BCH #ShortSetup #CryptoFUTURES #TechnicalAnalysis
📉 🦈
Entry: 239.92 – 240.51 ⚡
Target: 235.25 🚀
Stop Loss: 246.85 ⚠️
The four-hour exponential moving average stack maintains a firm bearish bias while price action hovers extended below the baseline. We are patiently monitoring for an engineered counter-trend bounce into our supply zone before continuation downward. 📊
Momentum indicators on the lower timeframes confirm persistent selling pressure, though short-term RSI readings suggest a temporary relief move is healthy. 💡
💬 Are you positioning ahead of the pullback or waiting for confirmation on the fifteen-minute close? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BCH #ShortSetup #CryptoFUTURES #TechnicalAnalysis
📉 🦈
