$BCH is trading back into a key supply zone where sellers may step in and regain control.
Trading Plan — Short $BCH
Entry: 210 - 220
SL: 230
TP1: 200
TP2: 190
TP3: 180
The recent bounce has pushed price back into a major resistance area, but the overall move still looks corrective within the broader bearish structure. If bulls fail to reclaim and hold above this supply zone, a strong rejection could trigger the next leg down toward the liquidity resting below the recent swing lows.
Stay patient, wait for confirmation, manage your risk, and always DYOR (Do Your Own Research).
Trading Plan — Short $BCH
Entry: 210 - 220
SL: 230
TP1: 200
TP2: 190
TP3: 180
The recent bounce has pushed price back into a major resistance area, but the overall move still looks corrective within the broader bearish structure. If bulls fail to reclaim and hold above this supply zone, a strong rejection could trigger the next leg down toward the liquidity resting below the recent swing lows.
Stay patient, wait for confirmation, manage your risk, and always DYOR (Do Your Own Research).