That last step-back kick was pretty scary. When many people saw the pin, they thought it was going to break down, but $BCH pulled it back instead. This is a textbook example of washing out the hesitation range. When panic comes out, it’s easiest to misread the direction.

At the time, I was watching for support and consolidation around 207.29. After BCH was dumped down, it didn’t continue with heavy-volume downside; instead, it quickly reclaimed the key level. The key point is this: real weakness wouldn’t offer such a clean, decisive repair. If it can be pulled back, it means someone is guarding below.

Now the price has pushed to 224.23. Longs are in floating profit of +576.5%, and the room for movement has opened up. Brothers with large positions, don’t get greedy and try to eat it all in one bite. Use 70% to process in batches, and keep the remaining 30% with protective stops. If it goes up, follow; if it breaks down, don’t fight it.

After this type of reversal plays out, don’t chase longs. If you missed it, wait for the next confirmed signal—wait for a more comfortable entry.

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