$BCH โญ buy and trade here ๐
#BCH /USDT โ Sharp Spike, Now Cooling Off! โ ๏ธ Bearish Reversal Watch
Short Trade Setup:โญ
Entry Zone: $433 โ $436
TP1: $425
TP2: $416
TP3: $405
Stop Loss: $441
Current Price: $433.2
After a strong vertical push, $BCH is showing signs of exhaustion and lower highs near $436โ$440 zone.
Market Insight:
Quick pump faced rejection near local highs
Weak follow-up candles forming lower highs
Potential for a correction toward earlier demand zones
Pro Tip:
Volume declining while price stalls is often a precursor to retracement. Wait for a small wick-up to enter safer.
โ๏ธ Risk: Use proper risk management โ 3xโ5x leverage recommendedโ๏ธ