$BCH

BCH

250.1

-12.24%

Tanked from 489 down to around 303 now range-bound 📉

Long/short ratio at 1.59 (sky-high) + spot ETF outflows + overall market panic = extremely bearish short-term 🐻

Resistance: 315

Support: 293 → 280

Short on pump: around 313 (light, batches)

SL: 318

TP: 295 → 280

Long (against trend): wait for bounce around 293 (light)

SL: 288

TP: 305

Recovery period after massive drop = whipsaw price action likely ⚡

Strict stop losses control position sizes ⛔

Not financial advice