$BCH — Resistance Stall / Distribution Short Setup ⚠️
$BCH is showing signs of exhaustion after an upside push stalled at resistance. Price hesitation near the highs and emerging distribution pressure suggest a potential downside rotation if buyers fail to reclaim momentum.
📉 Short Trade Plan
Entry Zone: 490 – 500
Stop Loss: 520
Targets:
• TP1: 460
• TP2: 430
• TP3: 395
Holding below 500 keeps the bearish continuation thesis intact. A clean loss of 460 could accelerate momentum toward deeper support levels.
⚠️ Manage risk carefully — sharp short squeezes can occur if resistance breaks.
#BCH #ShortSetup #Distribution #CryptoTrading #Momentum
BCHUSDT
Διην.
443.9
-0.73%
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