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$BCH Whale Data Alert | Mixed Sentiment ⚖️
Data Breakdown:
· Long/Short Ratio: 72.12% (Moderate Short Bias)
· Long Whales in Profit: 23.30%
· Short Whales in Profit: 75.52%
· Recent Whale Activity: 49 Buyers vs ? Sellers | Net Buy Volume: +$197.58K | **Net Sell Volume:** -$247.63K
Critical Levels:
· Immediate Support: $520.00
· Resistance to Watch: $535.00 - $540.00
· Breakout Target: $550.00 - $560.00
Market Implication:
Short whales are profitable (+75.52% profitable), while long whales are struggling. However, recent net buy volume suggests some accumulation near current levels despite sell pressure.
Trading Plan:
· Long Entry (Breakout): Above $535.00 with volume
· Target: $550.00 - $560.00
· Stop Loss: $525.00
· Short Entry (Rejection): $535.00 - $540.00 rejection → target $515.00
Observation: Market is at a pivot. Watch for a decisive move above $540 or below $520 for next directional bias.
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