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📉 $BCH /USDT Short Trade Setup 📉
💰 Current Price: $309.6
📉 Bearish Rejection with Weak Bounce
📊 Key Levels:
Resistance: $312.0 / $318.0
Support: $305.0 / $300.0
🎯 Targets:
TP1: $306.5
TP2: $302.0
TP3: $298.0
🛑 Stop Loss: $314.5
📊 Market Insight:
Recent rejection near $312 suggests sellers are defending the level.
Lower high formation, indicating potential continuation to the downside.
If $305 breaks, expect a sharper move toward $300.
🔥 Pro Tip:
Monitor BTC’s movement as it could influence BCH’s price action.
Break above $314.5 invalidates this short setup.
Take partial profits near TP1 and move SL to breakeven if price drops.
🚀 Trade Smart & Stay Disciplined!
$BCH