📉 BCH/USDT – Short Signal Alert (4H)
Current Price: ~$397.12
24H Range: $391.04 – $398.99
Volume: 56.92K BCH
Trend: Bearish reversal after exhaustion at highs
🔻 Short Setup Details:
Entry Zone (Short): $397 – $405
TP1: $382
TP2: $368
Stop-Loss: $412 (above recent lower high)
📌 Technical Breakdown:
Price sharply rejected from $430 zone with lower highs forming.
Significant bearish candle with strong volume near $410 suggests increased selling pressure.
BCH lost key intraday support around ~$400, confirming a breakdown.
The structure is shifting bearish after a parabolic move and distribution pattern at the top.
🧠 Smart Play:
Wait for a weak bounce toward $400–405 for a better short entry. Tight SL above $412 keeps risk defined.
✅ Signal Summary (for ranadanialbabar):
BCH showing signs of topping after major rally. Breakdown in progress.
Trade the momentum but protect profits with proper stops.
