$BCH Cooling down after a sharp increase 🔄
Long Trade Signal (Scalping):
Entry 1: 565 – 555
Entry 2: 535 – 520
Take Profit:
TP1: 590
TP2: 610
TP3: 630 – 645
Stop Loss: 505
Leverage: 10–25x (with strict risk control)
Open Trade in Future 👇🏻
BCHUSDT Perp
Price: 567.41
Change: -1.56%
For Spot Traders:
The best spot entries are found on pullbacks in demand zones. Don’t chase behind green candles — let the price come to you.
Why this trade?
$BCH recently made a strong impulse move and topped around 630, after which a healthy pullback occurred. The current decline is a correction, not a trend reversal. The price is currently near a significant daily support band where buyers had previously entered strongly.
Momentum has cooled, but there is no panic selling — this is consolidation after an expansion. That's why this setup favors taking longs on dips, rather than shorting into support. The risk-to-reward for shorts here is weak until support breaks completely.
As long as the price remains above the lower demand zone, there are possibilities for upward reactions.
Support zones:
• 535 – 520 (strong daily demand)
• 505 – 495 (structure invalidation area)
Resistance zones:
• 590 – 600 (first reaction zone)
• 630 – 645 (major supply / previous high)
If it stays above $520, dips present opportunities for scalping longs.
A clear breakdown below 505 would invalidate this setup and a reassessment would be necessary.
If you are not following Token Talk, you are missing the same high probability zones where most traders react late.
