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$BCH (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 221.0 - 224.5
Targets:
TP1: 215.0
TP2: 208.0
TP3: 198.5
Stop Loss: 229.5
Why this Setup:
I’m seeing price stall under a clear resistance band after a weak bounce, and the prior selloff left lower highs in place. I’d look for a rejection from this area to catch continuation back toward the recent support zones.