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$BCH Severe oversold—watch for a long bounce opportunity.
At the moment, I’m looking to catch a mean reversion move. The entry zone is roughly 219.59 - 222.26. On the upside, look at around 230.79 - 238.68. If it breaks below 213.00, you need to exit. Also, $AKE you can consider setting up a long as well.
But be mindful of the risk—on the 1-hour timeframe, the short momentum on BCH is still very strong. This is a counter-trend play. Don’t go all-in—manage your position size based on your own account!