$BCH /USDT – Breakout Watch: Momentum Building Above $490

Bitcoin Cash just printed a strong +7.19% move, climbing from a low of $453.10 to the current level of $493.70. The uptrend is supported by a solid trading volume of 104,035 BCH, equivalent to $49.08M.

Key Observations:

Price is hovering just below the 24h high at $496.20

Strong buying interest seen above $480 with limited resistance toward $500

If price holds above $489.70, further upside toward $505–$515 is likely

Trade Setup:

Entry Zone: $490–$495

Target 1: $505

Target 2: $515

Stop Loss: Below $478

Current momentum favors bulls, but price must stay above $489 to maintain the breakout structure. Rejection near $496 could trigger a retest of lower supports.