🔻 $BCH - Bearish Rejection at the Peak!
Current Price: 495.9 (−0.26%)
It seems to have reached its peak at $505 and has taken a strong hit! 📉 Strong rejection from resistance after a sharp rise - this could be the start of a corrective wave.
Sellers defended that area precisely. Now, all eyes are on the support level of $478 - if broken, expect deeper declines.
📌 Trade Setup (Short Idea):
• Entry Point: 495.9
• Take Profit: 478.2
• Stop Loss: 505.9
• Structure: Double Rejection + Resistance Flip
🧠 Pro Tip: Wait for volume confirmation and a candle close below 495 before entering!
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