$BCH /USDT BEARISH BREAKDOWN 🔻 | SHORT SETUP IN PLAY!
📉 Current Price: $502.1
🔍 BCH/USDT is showing signs of weakness after rejecting key resistance zones and forming lower highs on the 4H chart.
📌 Key Levels:
Resistance: $515 🔼 / $524 (major supply zone)
Support: $497 🔽 / $484 (watch closely for breakdown)
💡 Price failed to break and hold above $515 and is now trading below the psychological level of $503, signaling potential downside pressure.
🚨 Trade Setup (Short Entry):
Entry: $503–500
Stop Loss: $515 (above resistance zone)
Target 1: $484
Target 2: $470
Target 3: $455 (if strong bearish momentum continues)
📊 Risk Management:
Use 1–2% of your capital per trade.
Adjust position size based on SL distance.
Avoid over-leveraging ⚠️
💣 Stay sharp traders! BCH is looking weak unless it reclaims $515. Trade smart, trade safe! #REX-OSPREYSolanaETF #REX-OSPREYSolanaETF #OneBigBeautifulBill #NODEBinanceTGE #Write2Earn $BCH