🔻 $BCH /USDC BEARISH REVERSAL UNDERWAY – SELLERS TAKING CONTROL! 📉

Bitcoin Cash ($BCH) is currently trading at $526.2 (+0.34%), facing rejection from the $555.0 resistance zone. MACD shows bearish momentum building, hinting at a potential move lower. 🚨

🔍 KEY LEVELS:

🔹 Resistance:

$535.0 – Minor resistance

$548.6 – Key supply zone 🔼

$555.0 – 24h High & major rejection point ❌

🔹 Support:

$522.9 – Local support 🛡️

$514.0 – Breakdown target

$500.0 – Strong psychological support ⚠️

🛠️ TRADE SETUP – SHORT ENTRY 📉

Entry Zone: $528 – $534 (on resistance retest)

TP1: $514.0 🎯

TP2: $500.0 🎯

TP3: $485.0 🎯

SL: $555.0 ❌ (above resistance)

📊 INDICATORS:

❌ MACD: Bearish crossover active (DIF: -4.0 | DEA: -3.7 | MACD: -0.3)

❌ Rejected from BOLL upper band

⚠️ Weak buyer volume – bears gaining momentum

🛡️ RISK MANAGEMENT:

Risk only 1-2% of capital per trade, maintain 1:2+ R:R, trail stop after TP1. Always secure your position first! 🔐📉

⚠️ $BCH/USDC showing signs of weakness – short opportunities favored below resistance!

#BCH #CryptoSignals #BearishTrend #ShortSetup #AltcoinAnalysis #RiskFirst

#ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #CryptoMarket4T #Write2Earn! $BCH