$BCH Cooling Down After Sharp Expansion 🔄
Long Trade Signal (Scalping):
Entry 1: 565 – 555
Entry 2: 535 – 520
TP1: 590
TP2: 610
TP3: 630 – 645
SL: 505
Leverage: 10–25x (strict risk control)
Open Trade in Future👇🏻
Spot Traders:
Best spot entries come on pullbacks into demand. Avoid chasing green candles — let price come to you.
Why This Trade:
$BCH recently made a strong impulse move and topped near the 630 zone, followed by a healthy pullback. The current drop is corrective, not a trend reversal. Price is now hovering near a key daily support band, where buyers previously stepped in with strength.
Momentum has cooled, but there’s no panic selling — this is consolidation after expansion. That’s why this setup favors a long-on-dips approach, not shorting into support. Shorts here carry weak risk-to-reward unless support fully breaks.
As long as price holds above the lower demand zone, upside reactions remain likely.
Support Zones:
• 535 – 520 (strong daily demand)
• 505 – 495 (structure invalidation area)
Resistance Zones:
• 590 – 600 (first reaction zone)
• 630 – 645 (major supply / previous high)
If
$BCH holds above 520, dips are opportunities for scalping longs. A clean breakdown below 505 invalidates the setup and calls for reassessment.
If you’re not following Token Talk, you’re missing these high-probability zones while most traders react late.
#BCH