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$BCH is showing weakness as price loses a key support zone and starts testing the lower boundary of its short-term channel.



The structure remains bearish for now, making short-term sell setups more attractive than forcing a long entry.

I’ll be watching the channel breakdown closely. A clear reclaim of support would be the first sign that momentum is shifting.

Trade with confirmation, not FOMO.

#AugustCoreCPIBeatsExpectations #ShareWeekly
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BCHBCH-1.12%

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GhostCandle
2 days ago
Against the backdrop of CPI exceeding expectations, BCH’s price action is unsurprising. Wait for confirmation before trading.
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SeedPhraseGuard
2 days ago
The bearish structure remains unchanged; in the short term, going short is much more comfortable than stubbornly holding long positions.
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ChatroomOrchid
2 days ago
Not FOMOing is the right move. This market can't be rushed—let's talk after it reclaims the level.
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CryptoFirewall
2 days ago
Testing the lower boundary of the channel is indeed crucial. Wait for a clear reclaim signal before making a move—no need to catch the falling knife early.
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MempoolFisher
2 days ago
First Review
If the channel breaks down, where is the next support? Is there a target?
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