$BCH
BCH
624.3
-0.82%
BULLISH CONTINUATION SETUP
$BCH is maintaining a strong bullish structure after successfully defending the demand zone near 590–580. Price action shows consolidation above support, indicating accumulation before the next impulsive move. As long as the structure holds above key support, buyers are likely to push the market toward higher resistance levels. A breakout and hold above the short-term range will confirm further upside continuation.
Entry: Buy on pullback near 595–600 support zone
Targets (TP):
TP1: 610
TP2: 620
TP3: 650
Stop Loss (SL): Below 580
Risk Management: Risk only 1–2% of capital per trade and move stop loss to breakeven after TP1 is secured.