🚨 $BTC Update (1H Timeframe)
$B $BNB is bearish right now. Trend favors shorts, but a quick bounce is possible for a fast scalp if price reacts well at support.
What happened?
Big dump from 613.97 → 601.02 with 87K volume 📉
That’s strong selling pressure (capitulation vibes)
Next candle was quiet → market paused, not reversed
Money flow = bearish
Futures: -25.5M (1h), -28.5M (4h) ❌
Spot: -2.9M (1h), -3.4M (4h) ❌
Sellers are in control across all short-term timeframes
📌 Trade Plan
🔴 Short Setup (Preferred)
Wait for a bounce into 612.88 – 614.99 (20-MA / resistance)
Short only if price shows weak volume + rejection
Stop:
Safe: Above 628.96
Tight: Above 620
Targets:
591 first
581 if support breaks
🟢 Scalp Long (High Risk)
Only if we see a hammer / bullish engulfing
Zone to watch: 595 – 591
RSI is oversold & price near lower Bollinger
Stop:
Below 595 or 581
Targets:
608.91 (MA5)
614.99 resistance
📊 BCHUSDT Perp
Price: 599.51
Change: -1.58%
Bearish overall. Shorts favored.
Scalp longs only if the bounce is clean.
Anyone else watching this setup? 👀
#BCH #BCHUSDT #BitcoinCash #BTC100kNext? #MarketRebound #BTC100kNext? #USDemocraticPartyBlueVault 
