I've been watching BCH closely, and the structure still looks weak on the lower timeframes.
Price is trading in the lower half of its active range, while momentum remains mixed rather than showing strong bullish control. Recent volume expansion suggests participation is increasing, but the overall trend has not shifted yet.
📌 BCH | SHORT IDEA 📉
🎯 Entry Zone: 208.42 - 209.93
🛑 Stop Loss: 214.30
✅ Target 1: 205.48
✅ Target 2: 199.10
✅ Target 3: 195.53
Why I'm watching this setup:
• Higher timeframe trend remains bearish.
• RSI still favors downside pressure.
• Recent rebounds are becoming weaker.
• Volume supports continued market activity.
Current outlook remains cautious. I'll only consider this idea valid while price respects the bearish structure.
⚠️ Not financial advice. Always manage risk and position size according to your strategy.