Identifying Key Support: Analyzing BCH at 212.17 and Potential

In the chart, I've highlighted a level with two touches at 212.17. Today, while reviewing the charts, I noticed that there aren't currently many compelling levels. Among the more evident ones, I've singled out this particular level. I'm looking to enter a short position if there's a breakdown below 212.18 for BCH upon approach. The approach to the level is crucial—it should ideally be gradual, and it's preferable to see some trading activity around that level before considering a trade.