$BCH is pushing into supply after a sharp squeeze as upside momentum begins to fade.

Trading Plan SHORT: BCH

Entry: 545 – 555

Stop-Loss: 590

TP1: 520

TP2: 495

TP3: 460

$BCH expanded aggressively and is now testing a previous distribution zone where momentum is starting to slow. The recent move higher appears more like a squeeze than sustained continuation, with buyers showing limited follow-through. Rejection wicks near the highs suggest sellers are absorbing strength, favoring a potential rotation back toward the prior demand area before the next trend decision.

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BCH
BCHUSDT
564.66
+1.08%