BCH Long Opportunity - Short Term

On the 4H chart, BCH broke up recently the bearish channel before getting rejected at the resistance level in 240 USDT area. Since then, BCH have lost momentum and is now sitting on a very important support at 225-227. if support doesn't hold, we might see retracement to second support level in 215-217.

Important is for the support to hold, otherwise we might see bearish pressure to 200-205 level.

Entry: 226-216
TP: 235-240-260
Leverage: 10-25x