š„ $BCH Holding Strong ā Is $500 the Next Stop? ā”
$BCH is trading at $467.7, up +0.13%, as it consolidates after a volatile range between $457.7 and $479.3.
Price is currently above EMA(7) at $466.9, showing short-term strength, but still slightly under EMA(25) at $470.3 and EMA(99) at $471.8 ā a breakout above those could spark a new rally.
Volume remains solid with $22.97M USDT, showing ongoing interest in this PoW giant.
A strong move above $474.2 (local resistance) could lead BCH toward the psychological $500 zone.
Support at $457.7 has proven reliable ā watch this for bounce entries.
Whale accumulation likely in this tight zone ā big move expected soon.
If momentum builds and breaks $483.5, bulls might take full control.
š Trading Plan (LONG Setup):
šÆ TP1: $474.2 | TP2: $483.5 | TP3: $502.2
š” Stop Loss: $455.5