$BCH USDT short tread signal 🛑
BEARISH SETUP – WATCH FOR A DEEPER DROP BELOW SUPPORT
BCHUSDT is struggling to hold above the $504 level after a sharp rejection from the $522 zone. The market structure is clearly bearish with lower highs and lower lows forming on the 30m timeframe, indicating potential continuation towards key downside levels.
🔻 TRADE SETUP
Entry Zone: $504 – $506 (current price region)
Take Profit 1: $500
Take Profit 2: $497
Stop Loss: $509
📊 MARKET OUTLOOK
Momentum remains bearish below the $509 resistance. If sellers maintain control and price fails to reclaim $509, BCHUSDT could accelerate towards the $497 support zone in the coming sessions. Breaking $497 may trigger further downside extension towards the mid $490s.
⚠️ RISK MANAGEMENT
Always size your position wisely to risk only 1-2% per trade. Avoid over-leveraging as volatility remains high.
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buy and trade here on $BCH