$BCH /USDT BEARISH SETUP AS MOMENTUM COOLS DOWN šā ļø
š Current Price: $487.4
š» 24h Change: -1.46%
š KEY LEVELS:
Resistance: $495.0 š¼
Intermediate Resistance: $490.0
Support: $468.8 š½ (Critical Zone)
š£ TRADE SETUP (SHORT):
Entry: $487 - $490
Targets:
šÆ TP1: $475
šÆ TP2: $468
šÆ TP3: $455
Stop Loss: $496 š (Above resistance breakout)
š Market Structure:
BCH has formed a lower high below $495 and is struggling to break $490. Volume is weakening, signaling potential for a short-term correction toward the $468 zone.
ā ļø RISK MANAGEMENT:
š¹ Limit exposure to 1-2% per trade
š¹ Wait for confirmation candle below $485
š¹ Stick to SL to avoid volatile wicks šØ
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