Technical analysis by Chetan_alpha about Symbol BCH: Sell recommendation (5/31/2025)

Chetan_alpha

🔥 **BCH: Selling Zone Challenge! What's Next?** 🔥**Hello Team! 👋**Take a look at the latest **BCHUSDT** chart! Price has made a strong rebound and is now right at a **Selling Zone** (that red area!). The chart also shows **"Order Trapping"** below it! 👀 This tells us big players might be up to something.**Your Informed Plan for Tomorrow:**1. **📉 If It Pulls Back (Selling Zone Rejection!):** * **View:** Bearish. The arrows on the chart also suggest a potential move down from the Selling Zone. Sellers could become active here. * **Trigger:** Look for BCH to enter the **Selling Zone (approx. $420 - $424)** and show **strong bearish rejection** (e.g., a shooting star, bearish engulfing candle). Or, if it falls back **below $415**. * **Targets:** Down to **$410**, then potentially **$405**, and even **$395** (towards the green Buying Zone below) if weakness continues. * **Stop-Loss:** Above the high of the rejection candle, or around **$425**. * **Human Tip:** Rejections from strong zones can be quick. The "Order Trapping" area around $416 is key – if price drops below that after a rejection, a faster move down is possible. Don't fight the zone if the rejection is strong! 🚨2. **🚀 If It Pushes Up (Selling Zone Breakout!):** * **View:** Bullish. While the immediate chart might suggest rejection, always have an upside plan. * **Trigger:** If BCH **decisively breaks the Selling Zone (approx. $420 - $424)** with a strong bullish candle close above it, and sustains there. * **Targets:** Towards previous highs (e.g., **$427-428**), then potentially **$430+**. * **Stop-Loss:** Below the low of the breakout candle, or around **$419**. * **Human Tip:** For an upside move, look for solid buying volume. Be cautious of false breakouts.**One Important Thing to Remember, Members:*** **Patience is Key! 🧘♂️** Wait for clear confirmation at these critical zones. Don't rush into trades.* **Risk Management! 🛡️** Your Stop-Loss is non-negotiable. Crypto volatility is high, so always protect your capital!**So, what do you think? Will BCH reverse from the Selling Zone, or break through it? Let us know in the comments! 👇**