$BCH is in a clear short-term downtrend. Price was rejected hard from 630, followed by continuous lower highs and lower lows. The move from 630 → 574 shows strong seller control. The current sideways action around 580 is only a weak consolidation, not a reversal. Buyers are unable to reclaim previous support, which is now acting as resistance.

This setup favors a short continuation, not a long. As long as price stays below 590–600, downside pressure remains. Any bounce into resistance is a selling opportunity. Invalidation is only if price reclaims 600+ with strength.

Scalp Trade Plan

Short

Entry Zone: 585 – 595

TP1: 575

TP2: 565

Stop Loss: 602

Leverage: 20x – 40x

Margin: 2% – 5%

Short #BCH Here 👇 👇 👇

BCH
BCHUSDT
551.15
+1.87%