$BCH
BCH/USDT – Short-Term Trade Signal
Action: Buy
Entry Zone: $363.00 – $364.00
Take Profit Targets:
1. TP1: $375.00
2. TP2: $381.00
Stop Loss: $353.00 (24h low)
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Technical Analysis:
Resistance Zone: $364.80 (24h high)
Support Zone: $353.60 (24h low)
RSI & MACD: RSI shows bullish momentum with room to go further, and MACD is supporting an upward trend
Bollinger Bands: Price is hovering around the middle band, indicating potential to move toward the upper band
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Trade Strategy & Risk Management:
Risk 1%–1.5% of your portfolio
Enter near $363.00
Place stop loss at $353.00
After reaching TP1, move stop loss to break-even