2025-12-29 03:24:49

Based on BCH's current price level, shorting at the 623 point is a pretty good idea. If it doesn't drop further later on, you can set the re-entry at 635. For stop-loss, just place it near 655—don't be too greedy. As for the target, around 580 should be achievable. In this market, it's important to manage risk well and avoid going all-in with your entire position.

BCH-2,43%

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PseudoIntellectual

· 7h ago

The 623 short position feels a bit risky; why does this rebound seem a bit stubborn...

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BearMarketBro

· 7h ago

623, I'm also watching this move, but I have a feeling it's going to break the level, brother.

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StableGeniusDegen

· 7h ago

623 short position is indeed interesting, but I think setting the stop loss at 655 is a bit too tight...

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DataChief

· 7h ago

623, this move is a bit interesting, but I still think the risk should come first. Don't follow the trend and go all-in.

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New_Ser_Ngmi

· 7h ago

623 missed a move, betting it could drop to 580, but I'm a bit worried that the 635 re-entry point might get hit.

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MEVictim

· 7h ago

I understand the idea behind 623, but this wave of BCH is really hard to predict.

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NullWhisperer

· 7h ago

technically speaking, the risk management part is actually solid... but 623 to 580? that's a lot of wick-hunting. personally, ngl the real vulnerability here is people ignoring their stops at 655 anyway lol

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