# 🚀 $BCH Bullish (Wait for stabilization before entering)
Direction: Long $BCH, wait for deep correction and stabilization before betting on a rebound Core Logic: - Sharp short-term pullback, very weak momentum, increased selling volume - Liquidity vacuum below, further decline possible - Wait for volume to bottom out and a clear reversal signal before entering for safety Key Levels: - Critical Support: 450 (Fibonacci), 400 (psychological strong support) - Critical Resistance: 500 (former support now resistance), 520 (recovery zone) Trading Targets: - Conservative: 500 - Momentum: 510 - Extended: 530 Short-term Outlook: - Continue weak trend unless buying interest quickly returns Mid-term Outlook: - Weakness persists until positive catalysts emerge Risk Considerations: - Must wait for volume confirmation of bottom before entering - Expansion-related positive news may trigger a reversal
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GateUser-6701c8ff
· 1m ago
Stupid idiot
View OriginalReply0
Stuart_Crown
· 27m ago
$BCH range play continues.
Drop toward $427–$445 looks likely.
But this isn’t the best spot to open fresh shorts.
I’m watching for a small structure shift on lower timeframe to look for a bounce.
# 🚀 $BCH Bullish (Wait for stabilization before entering)
Direction: Long $BCH, wait for deep correction and stabilization before betting on a rebound
Core Logic:
- Sharp short-term pullback, very weak momentum, increased selling volume
- Liquidity vacuum below, further decline possible
- Wait for volume to bottom out and a clear reversal signal before entering for safety
Key Levels:
- Critical Support: 450 (Fibonacci), 400 (psychological strong support)
- Critical Resistance: 500 (former support now resistance), 520 (recovery zone)
Trading Targets:
- Conservative: 500
- Momentum: 510
- Extended: 530
Short-term Outlook:
- Continue weak trend unless buying interest quickly returns
Mid-term Outlook:
- Weakness persists until positive catalysts emerge
Risk Considerations:
- Must wait for volume confirmation of bottom before entering
- Expansion-related positive news may trigger a reversal