📉 $BCH - Short term is still Bearish

BCH has broken the upward trend on the daily frame, LONGing at this point has a losing rate of up to 70%

👉 Currently, the price is slightly recovering, but if it cannot surpass the $620 zone, it is highly likely that the price will continue to decrease.

📊 Priority is SHORT

🔴 Entry: $595 – $605

🛑 SL: Above $625

🎯 TP1: $560

🎯 TP2: $525

📌 Note:

Only consider LONG when $BCH closes the D1 candle above $620

👉 If it does not exceed $620 → wait to SELL, main target $525

Trade $BCH 👇

BCHUSDT

Perp

526.23

+0.24%