#BCH/USD
BCH/USDT Bullish Trade Setup
*Current Market Analysis*
The current price of BCH/USDT is $308.2, representing a 2.90% increase. Key target levels for this trade setup are:
- TP1: $315
- TP2: $325
- TP3: $340
A stop loss is recommended at $290.
*Market Insights*
- 24H High: $308.3
- 24H Low: $269.8
- BCH Volume: 94,078.72
- USDT Volume: 26.98M
*Technical Outlook*
The BCH/USDT pair is exhibiting strong bullish momentum, having broken through key resistance levels. With the price nearing its daily all-time high, there is potential for further upside. Higher timeframe trends also suggest continued growth.
*Trading Tip*
Consider re-entering the trade at $300-$305, following a minor retracement, to capitalize on the next leg up.$BCH