$BCH

BCH
BCHUSDT
537.02
-0.25%

/ Bitcoin Cash

Sell-the-rally bias as price stalls below key EMAs after a failed continuation attempt, with choppy overlap and lower highs signaling corrective distribution rather than trend resumption.

Bias: SHORT

Entry: 531 – 536

Stop-Loss: 545

TP1: 520

TP2: 505

TP3: 488

As long as price remains capped below 545, downside continuation is favored on any bounce. Acceptance above invalidates the fade and shifts bias neutral. Prioritize risk control in range-bound volatility.

#BCH #MarketStructure #PriceAction

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BCHUSDT

Perp

522.03

-2.17%