🚨 $BCH Longs Just Got Wiped Out — Pressure Is Building
🔴 #BCH Long Liquidation: $7.3524K at $288.24
That liquidation around $288.24 shows aggressive long positions were caught on the wrong side of the move. When leveraged longs get flushed, the market can become cleaner for the next directional push.
📍 Support: $285–$288
🧱 Resistance: $295–$300
🎯 Next Target: $300 first, then $310–$315 if buyers reclaim resistance with strong volume.
The key level now is $288. If BCH holds above this zone and buying volume returns, a recovery toward $300+ becomes interesting. But losing $285 could expose the price to another downside sweep.
💡 Pro Tip: Don’t chase the first liquidation spike. Wait for confirmation, watch volume, and let BCH prove whether $288 is becoming support or simply another level to break.
⚠️ Liquidations create volatility, not guaranteed direction. Manage leverage and risk carefully.
$BCH #Ripple launches RLUSD credit fund #Samsung boosts shareholder payouts #RWA infrastructure collaboration #CFTC preps crypto rules
