๐ $BCH /USDT Momentum Building โ Breakout on Horizon
Live Price: $476.24
Signal: Bullish Continuation
Sentiment: Buyers are regaining control
๐ Chart Insights:
Price Structure: BCH is forming higher lows and now consolidating under major resistance โ a classic bullish setup.
Support Level: Strong base holding near $450
Immediate Resistance: Eyeing breakout at $490
๐ Technical Indicators:
RSI: Near 62 โ trending up, not overbought yet
MACD: Bullish crossover confirmed on 4H
Volume: Slightly increasing โ shows interest building
๐ Key Levels:
TypeLevelResistance490Resistance510Support450Support432
๐ฏ Trade Setup Suggestion:
For Swing Traders:
Buy Zone: $470 โ $476
TP1: $490
TP2: $510
SL: $448
Breakout Entry:
Above $490 with volume confirmation = high confidence move toward $530+
๐ง Final Thoughts:
BCH looks like itโs preparing for a second leg upward. As long as support near $450 holds, the bias remains bullish. Watch for a strong breakout attempt soon.
Patience + precision = profit. ๐น
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