$BCH price action suggests a potential distribution phase
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Entry: 216-224
Target: 200
Stop Loss: 232
The price rejection at a key supply zone, combined with bearish divergence on both RSI and MACD, indicates a possible correction. Volume increase on rallies into resistance also signals distribution.
Not financial advice. Manage your risk.
#BCH #ShortSetup #CryptocurrencyTrading
⚠️
🔴
Entry: 216-224
Target: 200
Stop Loss: 232
The price rejection at a key supply zone, combined with bearish divergence on both RSI and MACD, indicates a possible correction. Volume increase on rallies into resistance also signals distribution.
Not financial advice. Manage your risk.
#BCH #ShortSetup #CryptocurrencyTrading
⚠️