$BCH USDT Perp – Short Trade Setup 🚨
🔻 Pair: BCHUSDT
🔻 Bias: Short
Entry Level (EP): 558 – 562 zone
(Current rejection near 565 resistance)
Stop Loss (SL): 572
(Above 24h high 569.89 for safety)
Take Profit (TP):
TP1: 550
TP2: 540
TP3: 525
Price is showing weakness below the 565 resistance zone with declining momentum on lower timeframes. Failure to hold above 560 indicates bearish pressure building. Volume structure suggests potential pullback toward 550 liquidity area. If sellers maintain control, extended downside toward 540–525 is possible.
Manage risk properly and avoid over-leverage. Trade with discipline.
BCH
485.1
-8.12%