【$BCH Signal】Pullback to go long + 1H structure repair, short-term rebound trading

$BCH The 1H level finds support near EMA20 and stabilizes, with the price attempting to recover above 460. The 4H level remains in the lower part of the consolidation zone, but the 1H structure shows weakening downward momentum, and RSI has rebounded to a neutral area, providing room for a short-term rebound.

🎯 Direction: Long

⚡ Entry/Order: 458.3 - 460.8

🛑 Stop Loss: 453.8

🚀 Target 1: 467.5

🚀 Target 2: 473.0

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.

Depth Logic: Position size remains stable, and no large liquidation events occurred during price declines, indicating manageable selling pressure. The 1-hour RSI has rebounded from lows, showing a shift in short-term momentum. Order book data indicates substantial buy orders below 460, providing immediate support. Coupled with negative funding rates, there is some room for short squeeze. The current price is at a critical support zone within the 4-hour consolidation range, and stabilization on the 1-hour level is a short-term bullish entry signal.

View real-time market 👇 $BCH

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