$BCH EXPLOSION OR TRAP?
Entry: 598 🟩
Target 1: 606 🎯
Stop Loss: 590 🛑
Perp traders are REKTING shorts! $184M added to volume, $2.54M liquidated. Funding rate is GREEN. This is FUELING the pump.
BUT... spot holders are DUMPING HARD. $53M sold this week. They are exiting at the highs.
$BCH is hitting MAJOR resistance $598-$606. This is the MOMENT. Will longs break through or get TRAPPED?
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BCHUSDT
Prep
581.56
+0.70%