BCHUSDT.P: short setup from support at 260.90Bitcoin Cash / TetherUS PERPETUAL CONTRACTBINANCE:BCHUSDT.PThe_Traders_HouseFollowing a strong rally fueled by Bitcoin's growth, BCHUSDT.P has entered a consolidation phase. In my opinion, buyers will not be able to hold the price above the key level of 260.9, so I expect a decline in the near future. The ideal scenario would be for the consolidation to continue right above the level for a few more hours — this will build up liquidity and create the perfect conditions for a breakdown.