$BCH faced a clear rejection from the 600–602 zone and dumped aggressively into the 558 area, showing strong selling pressure. After the sharp drop, price moved into a tight sideways consolidation with very weak bounce attempts, which usually signals distribution and continuation rather than a true recovery.

Price is still capped below the previous breakdown zone, keeping downside pressure active. As long as BCH stays below the 595–600 resistance area, continuation toward lower support remains likely. A strong reclaim and hold above resistance would invalidate this setup.

Scalp Trade Plan

Short

Entry Zone: 590 – 600

TP1: 575

TP2: 560

Stop Loss: 605

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Take partial profit at TP1 and move stop-loss to entry.

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Short #BCH Here 👇👇👇

BCH
BCHUSDT
557.23
-1.67%