๐ป $BCH โ supply rejection, downside continuation setup
Price is pushing into a heavy resistance band and stalling. Sellers defending this zone โ fade the highs.
๐ SHORT SETUP โ $BCH
๐ฏ Entry Zone:
โค 520 โ 525
๐ Stop Loss:
โค 550
๐ฏ Take Profit Targets:
๐ฅ TP1: 480
๐ฅ TP2: 452
๐ฅ TP3: 420
๐ Market Read:
โข Strong rejection from resistance
โข Buyer momentum fading
โข Clean liquidity targets below
โ ๏ธ Take partials at TP1, trail SL to protect gains.
Let the pullback do the work ๐ป๐