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$BCH (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 383.00 - 386.50
Targets:
TP1: 374.00
TP2: 365.00
TP3: 357.00
Stop Loss: 393.50
Why this Setup:
I’m looking for a short here because price has bounced hard from the selloff but is now stalling just below prior breakdown levels. I want to see rejection into this supply zone and then a move back toward the recent lows if momentum fades again.
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