š“ $BCH
/USDT FUTURES SHORT SETUP
Rejection confirmed ā bearish momentum building ā ļø
After a strong rally to the $493ā495 zone, BCH is now showing signs of exhaustion and reversal. The chart reflects a bearish structure breakdown, with a fresh short entry triggered.
š» SHORT TRADE SETUP:
⢠Entry: $492.70
⢠Take Profit (TP): $473.21
⢠Stop Loss (SL): $562.13
High reward-to-risk setup with bearish momentum clearly stepping in. Confirmation comes from lower highs and early breakdown of support.
š Market Outlook:
⢠Bearish divergence forming
⢠Tight consolidation flipped into rejection
⢠Next support zone near $470, extended downside possible toward $400 liquidity zone (highlighted)
š Watch closely ā sellers are in control for now.
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