🚨 $BCH SHORT SETUP — PROBABILITY-BASED TRADE 🚨
Current Price: $582
BCH
589.7
+1.93%
A short position has been entered.
📉 Technical Logic:
Both lower highs and lower lows indicate a continuing bearish structure.
Price found temporary support near the previous low at $558, but failed to break and hold above the $600 resistance.
The rebound from $562 → $583 lacked strength — no V-shaped recovery.
Price has now entered sideways consolidation, with moving averages converging, signaling an imminent directional move.
Probabilities currently favor a downward continuation.
📌 Trade Plan:
🛑 Stop Loss: $591
🎯 Targets: $566 → $525
The position is set — now we let probability do its job.
Let the bullet fly. 🎯