$BCH 🔥 🔥 BREAKOUT CONTINUATION 🔥 🔥
📊 Technical & Chart Overview
Support Zone: $475–$485 – previous breakout level and Fibonacci pullback area
Resistance Levels: $510 (local high), then $528–$545 (macro resistance range)
Indicators:
RSI: ~56 – cooling off from overbought, room to run again
MACD: Bullish crossover confirmed
MAs: Price holding above 20 EMA on 4H and daily – bullish structure
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🎯 Short-Term Trading Strategy: Buy the Dip
📍 Entry Zone: $478–$485
🛑 Stop-Loss: Below $470 (support invalidation)
🎯 Targets:
TP1: $510
TP2: $528–$535 (key resistance zone from prior sell-off)
Smart Money Play:
Scale in near $480 zone. Watch for bounce confirmation on volume >$60M to add or trail stops. This is a momentum continuation pattern post-breakout.
✅ Bottom Line
🎯 Smart money enters BCH near $478–$485 — high-probability bounce zone.
With volume rising and momentum building, a breakout toward $510+ is likely if support holds.
✅ Entry: $478–$485
🛑 SL: < $470
🎯 TP1: $510 → TP2: $528+
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🛑 Disclaimer
This is for educational purposes only — not financial advice. Crypto markets are volatile; always do your own research (DYOR), use stop-losses, and never risk more than you can afford to lose.
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