$BCH FAILED BREAKOUT TURNING INTO INTRADAY MEAN REVERSION SHORT
Short $BCH
Entry: 443.80 - 444.40
SL: 445.30
TP1: 442.90
TP2: 441.80
TP3: 440.20
After sweeping the local highs, BCH could not hold premium and slipped straight back into prior balance. The 444.30-445.00 zone is acting like supply now, while liquidity is sitting under 443.10 and then closer to the day low. Unless buyers reclaim the mid-range cleanly, continuation lower makes more sense than chasing a bounce. The stop belongs above the failed reclaim because a move back through that area changes the structure.
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BCHUSDT
Perp
441.39
-1.47%