$BCH / USDT – 🚀 Gaining Momentum! 🚀
$BCH is showing positive movement on the 4-hour chart, breaking above a recent resistance level with increasing volume. This suggests potential for further gains.
Possible Trading Setup:
Entry Zone: Around the current price of $381.5 - $382.0
Target 1: $385.0
Target 2: $390.0
Potential Higher Target: $395.0+ (watching previous highs)
Stop Loss: $378.0 (below the recent breakout level)
Market Observations:
The recent strong green candles indicate growing buying interest. Sustained volume will be crucial to maintain this upward trajectory.
Trading Tip:
Consider setting a trailing stop to lock in profits as the price moves in your favor.