$BCH The 1H level is building a platform around 460, RSI(1H) shows a bullish divergence, with the price declining but momentum weakening. Although the 4H level is in a downtrend channel, open interest (OI) remains stable, indicating no signs of major players offloading. The current price is approaching a recent strong support zone, suggesting a technical rebound is possible.
🎯Direction: Long (Long)
⚡Entry/Order: 461.5 - 463.0
🛑Stop Loss: 454.7
🚀Target 1: 472.0
🚀Target 2: 480.0
🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce p