$BCH /USDT – BEARISH MOVE AHEAD 📉🚨
🔍 TECHNICAL ANALYSIS:
$BCH /USDT is showing weakness after failing to hold above the key resistance zone. A rejection near $472–$480 has pushed the price lower, confirming short-term bearish momentum on the 1H & 4H charts.
📊 CURRENT PRICE:
$459.7 (-0.50%)
🔑 KEY LEVELS:
Resistance Zones:
🔺 $472 – Minor
🔺 $480 – Major Resistance
Support Zones:
🔻 $451 – Short-term Support
🔻 $437 – Major Support (24h Low)
💼 TRADE SETUP – SHORT ENTRY:
Entry: $459–$464
Take Profit (TP):
🎯 TP1: $451
🎯 TP2: $443
🎯 TP3: $437
Stop Loss (SL): 🔴 $472 (Above key rejection)
📉 BIAS: BEARISH
Momentum indicators show bearish divergence and rejection at resistance.
⚠️ RISK MANAGEMENT:
✅ Risk only 1–2% of your capital per trade
✅ Always stick to SL & TP
✅ Avoid over-leveraging ⚖️
📉 Trade smart, stay disciplined! 💼📊
#MarketRebound #NEWTBinanceHODLer #BinanceAlphaAlert #IsraelIranConflict #Write2Earn $BCH