$BCH is flashing a fresh bearish opportunity! I’m expecting another drop toward $264 as the price continues to struggle.
The descending trendline is keeping the pressure on, with repeated failures below $279. If $272 breaks, sellers could accelerate the next move lower.
entry: $273.30 – $274.20
targets: $270 / $267 / $264
sl: $281.10
I’m keeping this short setup on my radar, but a breakout above $279 could weaken the bearish outlook. Manage your risk carefully.
Who’s expecting $BCH to drop toward $264? 👀
The descending trendline is keeping the pressure on, with repeated failures below $279. If $272 breaks, sellers could accelerate the next move lower.
entry: $273.30 – $274.20
targets: $270 / $267 / $264
sl: $281.10
I’m keeping this short setup on my radar, but a breakout above $279 could weaken the bearish outlook. Manage your risk carefully.
Who’s expecting $BCH to drop toward $264? 👀