๐จ $BCH Trade Setup
Bitcoin Cash is attempting a bounce after finding support near $192, but the structure remains bearish.
๐ Key Levels: ๐น Support: $192 ๐น Resistance: $199-$203
My view: โ Bulls need a breakout above $203 to regain momentum. โ Any rejection near resistance could provide another short opportunity.
As long as BCH stays below the major moving averages, I remain cautious and favor selling rallies over chasing pumps.
๐ฏ Targets below support: $188 โ $182
Are you bullish or bearish on $BCH here? ๐
#BCH #BitcoinCash #crypto #BinanceSquare #Trading
Bitcoin Cash is attempting a bounce after finding support near $192, but the structure remains bearish.
๐ Key Levels: ๐น Support: $192 ๐น Resistance: $199-$203
My view: โ Bulls need a breakout above $203 to regain momentum. โ Any rejection near resistance could provide another short opportunity.
As long as BCH stays below the major moving averages, I remain cautious and favor selling rallies over chasing pumps.
๐ฏ Targets below support: $188 โ $182
Are you bullish or bearish on $BCH here? ๐
#BCH #BitcoinCash #crypto #BinanceSquare #Trading