$BCH USDT SHORT TRADE SIGNAL🔴 — WEAK MOMENTUM AT LOCAL RESISTANCE ZONE
$BCH is currently struggling to maintain upside momentum near the $573 resistance after repeated rejections. Short wicks to the upside and failure to hold intraday highs indicate potential exhaustion. Unless $574 is cleanly broken with volume, price is likely to retrace toward demand zones. Ideal setup for intraday short on rejection.
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$ Short Trade Signal🔴
Entry point: $572.5–$573.5
Stop Loss: $575.6
Take profit:
TP1: $568.4
TP2: $564.2
TP3: $559.8
Margin: 2–3% of wallet
Leverage: 10x
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Short Outlook of Market:
Market shows signs of indecision with BCH forming a lower high on smaller timeframes. Volume divergence and local double top are hinting at downside pressure. If Bitcoin faces pullback, BCH will likely slide faster due to its weaker structure.
💬 Comment “🔻” if you agree BCH is heading lower!