$BCH /USDT BEARISH MOVE DEVELOPING BELOW CRITICAL RESISTANCE ⚠️📉
🔍 Current Price: $453.5
📉 24h High: $468.0 | 24h Low: $448.9
📌 Key Technical Levels:
Resistance Zones:
🔺 $460 – $462 (Strong sell zone)
🔺 $468 (24h high, critical resistance)
Support Zones:
🔻 $448.9 (Immediate support)
🔻 $440 (Key breakdown level)
🔻 $425 (Major bearish target zone)
📊 Price Action Insight:
$BCH/USDT is showing weakness after repeated rejections from the $460+ zone. Price is now trading at $453.5, hovering just above short-term support. A break below $448.9 could accelerate bearish momentum.
🚨 Trade Setup – SHORT ENTRY 🚨
Entry: $454 – $456 (on minor pullback)
Take Profit 1 (TP1): $448.9
Take Profit 2 (TP2): $440
Take Profit 3 (TP3): $425
Stop Loss (SL): $462.5 (Above resistance zone)
🎯 Risk-Reward Ratio: ~2.6R
🛡️ Risk Management:
⚠️ Risk 1-2% per trade only.
🔁 Trail stop after TP1. Lock-in profits smartly.
🚫 Avoid overtrading in choppy zones.
💣 Plan your trade. Protect your capital. Profit consistently. 💣
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