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$BCH (1h) - Short Rejection
Bias: Short
Entry (Zone): 194.00 - 196.00
Targets:
TP1: 190.20
TP2: 186.80
TP3: 183.20
Stop Loss: 198.80
Why this Setup:
I see price pushing back into a clear intraday supply area after a sharp recovery, and I want to fade the move if buyers fail to hold above resistance. The recent bounce looks corrective, while the prior breakdown and nearby swing levels still leave room for a rotation lower.