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$BCH (1h) - Short Rejection
Bias: Short
Entry (Zone): 196.00 - 199.00
Targets:
TP1: 193.80
TP2: 191.20
TP3: 188.50
Stop Loss: 204.80
Why this Setup:
I’m treating this as a corrective bounce into nearby resistance, and I want to sell weakness if price fails to reclaim the 198 to 200 area. The structure still favors a move back toward the lower liquidity pocket, so I’m aiming for a rejection back into the mid-190s and below.