$BCH /USDT BEARISH CONSOLIDATION NEAR RESISTANCE ⚠️📉
Bitcoin Cash is hovering around $505.6 with a slight -0.08% dip after failing to break through $515.0. The momentum is slowing, and a potential retest of support levels is on the horizon if bulls don’t step in. 🧊📉
📍 CURRENT PRICE: $505.6
🔑 KEY LEVELS:
🔼 Resistance:
• $507.0 — Immediate Intraday Resistance
• $515.0 — 24h High
🔽 Support:
• $498.5 — 24h Low / Immediate Support
• $485.0 — Key Demand Zone
📉 TRADE SETUP (SHORT):
📌 Entry: $505–$507
🎯 TP1: $498.5
🎯 TP2: $485.0
🛑 SL: $516.0
📊 RISK MANAGEMENT:
Risk no more than 1–2% of capital. Use tight SLs and scale out profits as price approaches support. Avoid chasing moves — let setups come to you. 🛡️📊
⚠️ BCH SHOWING WEAKNESS — BEARS COULD TAKE IT LOWER! 🔻📊
#BTC110KToday? #TrumpVsMusk #DYMBinanceHODL #OneBigBeautifulBill #w $BCH