$BCH
🔻 $BCH SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$BCH is showing significant weakness, currently trading near its 24-hour low after a sharp -7.50% decline. With strong selling pressure sustained by substantial volume, the momentum remains firmly in the bears' favor.
📊 24h: -7.50% | Vol: $12,470,892.46
📉 TRADE PLAN
🔹 Entry: 276.10
🛑 Stop Loss: 284.50
🎯 TP1: 263.50
🎯 TP2: 255.00
🎯 TP3: 248.00
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed breakdown and hourly candle close below the $275.40 support level would validate this bearish bias.
⚠️ Risk Note: High volatility is present; ensure you use a tight stop loss to mitigate sudden market reversals.
Always wait for a clear breakdown on the lower timeframes before pulling the trigger.
Click below 👇🏻 to trade
$BCH
Follow @T4_TZX for more updates...
#BCH #CryptoTrading #MarketAnalysis #BinanceSquare
🔻 $BCH SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$BCH is showing significant weakness, currently trading near its 24-hour low after a sharp -7.50% decline. With strong selling pressure sustained by substantial volume, the momentum remains firmly in the bears' favor.
📊 24h: -7.50% | Vol: $12,470,892.46
📉 TRADE PLAN
🔹 Entry: 276.10
🛑 Stop Loss: 284.50
🎯 TP1: 263.50
🎯 TP2: 255.00
🎯 TP3: 248.00
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed breakdown and hourly candle close below the $275.40 support level would validate this bearish bias.
⚠️ Risk Note: High volatility is present; ensure you use a tight stop loss to mitigate sudden market reversals.
Always wait for a clear breakdown on the lower timeframes before pulling the trigger.
Click below 👇🏻 to trade
$BCH
Follow @T4_TZX for more updates...
#BCH #CryptoTrading #MarketAnalysis #BinanceSquare