$BCH

USDT BEARISH MOMENTUM CONTINUES – WILL THE SELLERS BREAK LOWER? 🔴

The $BCHUSDT pair is currently showing strong bearish pressure with a consistent downtrend on the 15-minute timeframe. Price is holding near the lower range after failing to reclaim intraday resistance levels, indicating that sellers remain in control.

🔑 Key Levels:

Current Price: $489.9

Resistance: $492.0 – $494.0 zone

Support: $487.0 (24h low), potential further support at $484.0

---

📉 Trade Setup: Short Entry

Entry Zone: $490.5 – $492.0

Targets (TP):

TP1: $487.5

TP2: $484.5

Stop Loss (SL): $494.5

---

📝 Market Outlook:

BCH is maintaining its bearish structure with lower highs and lower lows on short-term charts. A break below $487.0 can accelerate the downtrend towards deeper supports. However, if buyers reclaim above $494.0, it may weaken the bearish bias in the short term.

⚠️ Risk Management:

Trade with position sizing of <2% risk per trade. Wait for bearish confirmations before entry, and adjust stops if market volatility increases.

#CryptoAnalysis #BCHUSDT #BearishSetup #TradingSignals #BinanceSquareTalks

💡 Comment “🔥” if you are watching BCH for a quick scalp today!

buy and trade here on $BCH