🔥 $BCH – Short-Term Rotation Setup 🔥

Your read is solid. After the liquidity grab near 602.9, BCH corrected fast but without panic — that’s key.

The pullback into 584.5 demand shows absorption after distribution, not trend failure.

Market Read

📈 Strong expansion → controlled sell-off

🕯️ Selling pressure slowed, candles tightening

🛡️ Buyers defending demand = sellers losing momentum

As long as price holds the base, a relief rotation back toward the upper range is valid.

Trade Setup (LONG)

🟢 Entry: 585 – 590

🔴 Stop: Below 580

🎯 Targets

TP1: 598

TP2: 606

TP3: 618

Why this works

Liquidity was taken above highs, weak longs got flushed, and strong hands absorbed supply near demand.

Market shifted from expansion → balance — continuation often follows if support holds.

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