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$BCH | 1h | Bounce from Support
Bias: Long
Entry Zone: 221.20 to 223.00
Stop Loss: 219.20
Targets:
TP1: 226.00
TP2: 230.00
TP3: 236.50
Invalidation:
Close below 219.20
Why This Setup:
I’m leaning long because price is holding the 220 area after a sharp selloff, and the recent candles are trying to build a base above support. If I get a clean reclaim of 224 to 225, I expect a move back into the prior breakdown levels near 230 and then 236.50.