$BCH
(BCH) is currently trading at $495.22-$497.15, with a 7.86%-8.21% increase in the last 24 hours.
*Key Levels to Watch:*
- *Support Level:* $456-$454.59 (lower boundary of the descending channel and recent low)
- *Resistance Level:* $485-$502.3 (previous resistance and recent high)
*Trading Setup:*
- *Long Entry:* Consider buying above $485 or at the support level ($456) with targets at:
- *Target 1:* $472-$481.2 (short-term target)
- *Target 2:* $568 (long-term target)
- *Stop Loss:* Set at $454.59 or below the support level ($456)
*Market Sentiment:*
- *Trend:* Bullish momentum building with potential breakout
- *Volume:* $416.61 million-$3.51 million in 24-hour trading volume, indicating high market interest
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