🚨 #SHORT Opportunity on BCH 📉
BCH (BCHUSDT Perpetual) hovering around 545-550 zone post the latest #USNonFarmPayrollReport release yesterday. Weak jobs data (cooling labor market with modest November gains after October drop) sparking risk-off vibes – potential pressure on alts like Bitcoin Cash!
**Bearish Trade Setup (Short):**
- Entry 🚪: 548 - 550
- Target 🎯: 535
- Stop Loss 🛑: 560
Tight risk-reward here, aiming for a quick drop if momentum fades. Markets volatile after NFP – stronger USD expectations could weigh on crypto.
Always manage risk, position size small, and DYOR! Not financial advice.
Bullish on BCH long-term with its upgrades, but short-term caution prevails.
What's your take post-NFP? Shorting alts or holding? Comment below! 👇
#BCH #BitcoinCash #CryptoTrading #BinanceFutures #NFP #Altcoins
