🔴 Long Liquidation: $5.1818K at $244.02
BCH just delivered one of the larger liquidation events in this tape, with $5.18K in longs forced out around $244.02. This highlights strong short-term selling pressure and makes the $240–$244 region a key battlefield.
📍 Support: $240 — $244
📍 Resistance: $250 — $256
🎯 Next Target: $260, with $268 as the extended upside target if resistance breaks.
Failure to hold $240 could expose BCH to deeper selling. A reclaim of $250 would strengthen the recovery setup.
💎 VIP Setup: Watch for a confirmed bounce from support or a clean breakout above resistance before taking action.
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