Big Move Alert on $BCH !
Massive Long Liquidation Spotted: $7.8K at $418.6!
Smart money just got wiped—are you ready to ride the next wave?
Technical Breakdown & Price Strategy:
Current Price Action Insight:
$BCH just flushed out weak hands at $418.6 with long liquidations. This signals a potential reversal zone OR opens the gates for further downside traps before a bullish bounce.
Buy Zone (Re-Entry Opportunity):
$405 – $412
This is where smart buyers might step in—look for signs of strong bullish candles, volume spike, or a fakeout wick.
Target 1: $430
Target 2: $447
Target 3 (High Risk-Reward): $468
Stop Loss:
$397 (Strict SL) – if this breaks, expect deeper retracement.
What Makes This Setup Unique?
Liquidation candles often signal trend exhaustion or trap zones.
$418.6 is now a key liquidation level—market could use this as a springboard.
RSI on mid-timeframes nearing oversold.
If volume supports the bounce, we might see explosive upside moves.
Narrative for the Post
> "$BCH just wiped out $7.8K in long liquidations at $418! Blood in the streets... but is that the sound of opportunity knocking? The trap is set, and only the sharpest players will catch the reversal. Eye the $405-$412 zone. The rebound could launch us toward $468 like a slingshot. Watch the volume, respect the SL, and ride the wave before the crowd wakes up."