$BCH USDT – BEARISH COOLING AFTER REJECTION FROM HIGH LEVELS šŸ“‰āš ļø

BCH is currently trading around $536.2, easing down after failing to hold above the $560–568 resistance region. The chart shows slowing momentum, suggesting a bearish pullback unless buyers reclaim higher levels soon.

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šŸ”‘ Key Levels

Current Price: $536.2

Immediate Support: $528 – $532 zone

Strong Support: $518

Immediate Resistance: $548

Major Resistance: $560 – $568 (strong rejection zone)

Price has been rejected multiple times near $560+, showing clear exhaustion. A drop toward $528 is possible if the current weakness continues.

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šŸ“‰ Short Trade Setup (Primary Bias: Bearish)

Entry: $545 – $548

TP1: $532

TP2: $525

TP3: $518

SL: Above $555

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šŸ“ˆ Long Setup (Only if Price Breaks & Holds Above $560)

Entry: $560 – $562

TP1: $568

TP2: $580

SL: Below $552

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šŸ›”ļø Risk Management

Risk only 1–2% per trade

Follow stop loss strictly

Avoid entering during strong volatility spikes

⚔ Stay patient and trade with discipline!

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