Technical Analysis & Trade Signal for $BCH
/USDT**
**Current Price:** $468.8 (+0.45%)
**24h Range:** $456.8 (Low) - $483.2 (High)
**Volume (24h):** 92,831 BCH / $43.61M USDT
### **Key Observations:**
- **Momentum:** Mild bullish (+0.45%) but trading below the 24h high.
- **Support/Resistance:**
- Immediate Support: **$462** (repeated bids on Binance).
- Resistance: **$483.2** (24h high).
### **Trade Signal:**
**Entry:** Near current price ($468.8) or pullback to **$462** (strong support).
**Stop-Loss:** Below **$456** (24h low).
#### **🎯 Target Levels:**
1. **$475** (Minor resistance, partial profit).
2. **$483** (24h high, take 50% profit).
3. **$495** (Breakout extension, conservative exit).
**Momentum:** Moderate (watch for volume spikes).
**Risk/Reward:** ~1:3 (optimal if entry is near $462).