$BCH – SHORT
Entry: 252.80–253.00
SL: 257.50
TP1: 252.00
TP2: 251.20
TP3: 250.00
BCH has exhibited a significant bearish market structure shift following a high-volume breakdown from the 264 level. Consistent lower highs and sustained sell-side liquidity confirm bearish control. The momentum remains heavily skewed to the downside as the asset struggles to reclaim broken support zones. We anticipate continued distribution towards the identified targets as the sellers maintain dominance over the current order flow dynamics.
Entry: 252.80–253.00
SL: 257.50
TP1: 252.00
TP2: 251.20
TP3: 250.00
BCH has exhibited a significant bearish market structure shift following a high-volume breakdown from the 264 level. Consistent lower highs and sustained sell-side liquidity confirm bearish control. The momentum remains heavily skewed to the downside as the asset struggles to reclaim broken support zones. We anticipate continued distribution towards the identified targets as the sellers maintain dominance over the current order flow dynamics.