2026-01-11 07:20:54

BCH has now touched a key resistance level again. I think this is a good point to consider shorting.

To be honest, this recent market trend has really been frustrating. Stop-loss orders keep getting hit inexplicably, and it feels like my head is buzzing. Have any of you experienced this situation?

From a technical perspective, BCH is currently around 664, which is the previously identified short entry zone. Originally, I planned to place an order at 666, but now the price has dropped to around 664, so you might consider entering a short position here.

The take-profit target is set at 535, with a stop-loss at 703. If this wave can be successfully captured, the returns will be quite good. But honestly, whether we can survive depends on how the market moves. What do you all think about this level?

BCH-2,78%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
5
Repost
Share

Comment

0/400

CascadingDipBuyer

· 4h ago

Once again, we've been wiped out. This wave of market movement is really outrageous. Short BCH? I think it's risky; too many people are watching the 664 level. Stop loss at 703, take profit at 535—can it survive such a wide range? Compared to shorting, I now just want to buy the dip and wait for the waterfall. Recently, half of my trades hit stop loss, which is truly exhausting.

View OriginalReply0

FadCatcher

· 01-11 07:50

Stop-loss is about to be wiped out again, no one can survive to exit this position, I bet 5 bucks.

View OriginalReply0

MetaMasked

· 01-11 07:44

Once again, I was stopped out. I'm really convinced now. I'll wait and see for this round.

View OriginalReply0

LayerZeroJunkie