$BCH is trading around $359, after a strong rejection from the $416 resistance zone. The market has entered a sharp bearish phase, dropping aggressively and currently stabilizing near the $356–$360 support area. Momentum remains heavily bearish, with sellers clearly in control after the breakdown.
This is a high-volatility correction phase following a major impulse move.
TRADE SETUP (SHORT)
Entry: $358 – $362
TP1: $345
TP2: $330
TP3: $315
SL: $375
MARKET OUTLOOK
$BCH is in a strong corrective downtrend after losing key support zones. As long as price stays below $380, bearish pressure remains dominant. Any relief bounce is likely to be short-lived unless buyers reclaim higher resistance levels.
Buy now and trade here on $BCH

BCH
344.8
-2.54%
#BCHUSDT #BitcoinCash #CryptoTrading #ShortSetup #BinanceFutures

