BCH/USDT | CSP Setup – Neckline Breakdown + Liquidity Sweep

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BCH/USDT | CSP Setup – Neckline Breakdown + Liquidity Sweep Bitcoin Cash/USD Tether Perpetual ContractBINGX:BCHUSDT.PSwallowAcademyBCH has been printing one of the cleaner bearish structures we've seen on the daily lately. The neckline that held price for the better part of a year finally gave way — and that breakdown was the major structural shift for us. Not a minor support crack, but a full trend reversal signal on the daily timeframe. What followed was textbook. After the initial breakdown and BOS, price came back up to re-test that same neckline zone — and then swept liquidity above it one more time. That liquidity sweep is what caught our attention the most. It's the kind of move that looks bullish on the surface but is actually the market collecting orders before continuing lower. Classic trap, clean structure. The setup we're watching now is a continuation short as price rolls over from this area. The re-test is done, the sweep is done — what we're looking for here is confirmation of the next BOS to the downside, which would open the path toward $375, then $312, and ultimately the $268 target zone visible on the chart. Each of those levels represents a logical resting point where the market has unfinished business. We remain bearish as long as BCH stays below that neckline. Reclaiming it with conviction would change the picture — but right now, structure says lower. If this added value, boost it forward. Swallow Academy