Don’t skip this – important levels ahead

Bitcoin Cash (BCH) is once again approaching a major resistance zone, a level from which price has already been rejected 4 times. This move marks the 5th attempt, making this area extremely critical for both long scalps and future short opportunities.

If momentum sustains, we can capitalize on a short-term long scalp using strict risk management and a trailing stop-loss strategy.

📈 Short-Term Long Scalping Plan (Intraday / Short Swing)

🟢 Entry Strategy

Pullback Buy Zone:

👉 636.5 – 640

DCA Zones:

⚫ 632.5 – 635

⚫ Extra DCA: 628.5 – 630

🔴 Stop-Loss: 627.8

(Invalidation level – no holding below this)

🎯 Upside Targets

648.5

652.5

660.5

668 – 670 (lower probability, but possible with strong momentum)

📌 Risk Management Rule:

➡️ Once 648.5 is hit, move Stop-Loss to Entry to secure a risk-free trade.

⚠️ Major Supply Zones (Important for Shorts)

These are areas where selling pressure is expected and short setups will be planned.

🔻 Big Supply Zones:

650 – 655 → First rejection zone

666 – 670 → Strong supply

680 – 700 → Weekly resistance & biggest wall

📉 Short Trade Planning (Later Setup)

🔴 Short Entry Zones

⚫ Zone 1: 650 – 660 (first short opportunity)

⚫ Zone 2: 666 – 670 (strong supply)

⚫ Zone 3: 680 – 700 (weekly wall, highest probability)

🔴 Stop-Loss: 710

(Hard invalidation – no emotional holding)

🎯 Short Trade Targets

670

655

642

620

📌 Final Notes

Trade with proper position sizing

Avoid over-leverage

Follow the plan, not emotions

Market reaction at resistance will decide continuation or reversal

🔗 Ready to Trade?

👉 Spot Trading: $BCH

👇 Futures Trading: BCH/USDT

Stay disciplined. Trade smart. Risk management is everything. 💰📊

BCH
BCH
599.1
-3.74%

#BCH #Urgent #Market #update