Based on the chart you provided for BCH/USDC (Perpetual) on the 1D timeframe, here's a short signal:
๐ Short Signal: $BCH /USDC
Entry Price: ~475โ480 USDC
Reason:
Price has hit recent resistance at 483.
Bearish divergence potential: RSI is around 75.40 (overbought).
MACD is extended; possible slowing momentum.
Red arrow and rectangle suggest expected retracement.
Parabolic SAR is still below price, but close to flipping.
Target 1: 444 USDC
Target 2: 396 USDC
Stop Loss: 485 USDC (above recent high)
Note: Wait for confirmation (e.g., bearish candle, SAR flip, or RSI drop) before entering the short.
