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$BCH is losing an important support area and now trying to break down from this small channel.



The setup still looks weak to me, so short-term sells make more sense here.
I’d avoid forcing longs until price shows some real strength again.

Watching the breakdown closely.

#GateTop4MainstreamCEX #AugustCPIDropsTonight #SenateReleasesNewCLARITYAct
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BCHBCH-8.75%

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ColdStoragePuritan
2 minutes ago
If this channel breaks down, where is the next support? Has anyone calculated it?
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GasWarMemer
3 minutes ago
The bearish signal is clear. I’m getting out for now.
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RiskOffRina
10 minutes ago
Weak is weak—don't force it. Wait for volume to pick up before saying more.
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MemeArchaeologist
12 minutes ago
Gate’s event is certainly lively, but given BCH’s price trend, I really don’t dare go long.
0View Original
PositionButler
13 minutes ago
First Review
The entire market is shaking after the CLARITY Act was released, so BCH falling along with it is no surprise.
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