$BCH — corrective structure under heavy resistance.

Short : (MAX x20)

Entry: 514.00 - 520.00

TP1: 492.00

TP2: 475.00

TP3: 450.00

SL: 541.50

$BCH shows persistent bearish structure on the 4H timeframe following the sharp rejection near 540.00. The price is currently compressed in a tight corrective range below the previous swing high, indicating weak momentum and a failure to reclaim local resistance levels. The failed rebound and subsequent sideways grind suggest a lack of buyer strength, keeping the bias firmly bearish for a continuation toward structural support. A breakdown below the current consolidation zone confirms the next leg down.

Trade $BCH here👇

BCHUSDT

Perp

498.47

-2.40%