$BCH dropped sharply from the 601–602 area down to 588, then bounced back toward 597–599. This recovery looks like a reaction after a strong sell-off, not a fresh expansion. Price is now hovering below the prior breakdown zone where sellers previously stepped in, showing hesitation and weak follow-through.

As long as BCH stays capped below the 600–602 resistance, the structure suggests a range move back toward lower support. Buyers have failed to reclaim the breakdown area, and momentum is slowing near resistance. A clean hold above this zone would invalidate the setup, but rejection keeps the scalp idea active.

Scalp Trade Plan

Short

Entry Zone: 598 – 602

TP1: 592

TP2: 586

Stop Loss: 606

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Secure partial profit at TP1 and shift stop-loss to breakeven.

#MarketRebound #StrategyBTCPurchase

Short $BCH Here 👇👇👇

BCHUSDT

Perp

594.53

+0.14%

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