$BCH /USDT – BULLS BREAK OUT AS BCH EYES $470 IN STRONG UPTREND MOMENTUM!
$BCH Current Price: $453.80
24h High / Low: $459.10 / $421.10
24h Volume (USDT): 21.21M
Momentum: Bullish with fresh breakout and strong volume
Key Levels:
Immediate Resistance: $459.00 (24h High)
Major Resistance: $470.00 (next key upside target)
Immediate Support: $448.40 (minor demand zone)
Major Support: $440.00 (structural support and bullish invalidation)
Trade Setup: Long Entry
Entry Zone: $453.00 – $455.00 (ideal pullback entry or breakout confirmation)
Target 1 (TP1): $460.00
Target 2 (TP2): $470.00
Stop Loss (SL): $444.00
Risk-Reward Ratio: ~1.6 to 2.0
Market Outlook:
BCH is flashing strength as it bounces sharply from its recent low of $421, pushing into a bullish structure on the 15m and 1H charts. The breakout above $450 confirms buyer dominance, and if volume sustains, the rally could extend to the $470 mark. However, failure to hold above $444 could weaken the setup and invite sellers.
Risk Management:
Use proper position sizing with max 1-2% capital at risk. Avoid entering during extreme volatility spikes and always trade with stop-loss protection.
