# 🚀
$BCH Bullish (Wait for stabilization before entering)
Direction: Long $BCH, wait for deep correction and stabilization before betting on a rebound
Core Logic:
- Sharp short-term pullback, very weak momentum, increased selling volume
- Liquidity vacuum below, further decline possible
- Wait for volume to bottom out and a clear reversal signal before entering for safety
Key Levels:
- Critical Support: 450 (Fibonacci), 400 (psychological strong support)
- Critical Resistance: 500 (former support now resistance), 520 (recovery zone)
Trading Targets:
- Conservative: 500
- Momentum: 510
- Ext