BCHAnalysis
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$BCH /USDT BEARISH BREAKDOWN – PRICE SLIPS BELOW $400 SUPPORT!
$BCH has broken down sharply on the 15-minute chart, falling from the $405–$407 resistance zone and failing to hold the $400 psychological support. A strong red candle confirms a bearish momentum buildup with sellers dominating the short-term structure.
Trade Setup (SHORT):
Entry: $398.0 – $401.0
Target 1: $393.5
Target 2: $389.0
Target 3: $384.0
Stop Loss: $403.0
Why Short?
Price is forming consistent lower highs and lower lows, now accelerating after a clean rejection from overhead resistance. Breakdown volume is increasing, indicating strong bearish pressure and the potential for continued downside toward key support zones.
Risk Management Tip:
Stick to your SL — any recovery above $403 may invalidate this short bias. Use trailing stop if TP1 hits quickly.
#BCHAnalysis #BearishBreakdown #ShortTradeSetup #AltcoinsWatch #CryptoSignals
$BCH
$BCH has broken down sharply on the 15-minute chart, falling from the $405–$407 resistance zone and failing to hold the $400 psychological support. A strong red candle confirms a bearish momentum buildup with sellers dominating the short-term structure.
Trade Setup (SHORT):
Entry: $398.0 – $401.0
Target 1: $393.5
Target 2: $389.0
Target 3: $384.0
Stop Loss: $403.0
Why Short?
Price is forming consistent lower highs and lower lows, now accelerating after a clean rejection from overhead resistance. Breakdown volume is increasing, indicating strong bearish pressure and the potential for continued downside toward key support zones.
Risk Management Tip:
Stick to your SL — any recovery above $403 may invalidate this short bias. Use trailing stop if TP1 hits quickly.
#BCHAnalysis #BearishBreakdown #ShortTradeSetup #AltcoinsWatch #CryptoSignals
$BCH
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