📊 $BCH
/USDT – LOCAL TOP IN? 🔴
WEAK REJECTION FROM $507.3
BEARISH STRUCTURE ON LOWER TIMEFRAME
After rallying from $481.8 to $507.3, BCH faced strong selling pressure and is now showing a short-term lower high formation. Price is struggling to reclaim the $500 zone and volume is fading on the bounce.
🔴 SHORT TRADE SETUP:
Entry Zone: $496 – $500
Take Profit: $485
Stop Loss: $507.5
📉 Market Outlook:
Unless BCH flips $507 into support, this looks like a local distribution before another leg down.
#BCHUSDT #BTC110KToday? #BinanceAlphaAlert #BinanceHODLerSAHARA #NEWTBinanceHODLer