$BCH /USDT BULLISH BREAKOUT IN PLAY 🚀🔥
📍 Current Price: $472.2
📈 24H Change: +3.28%
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🔍 TECHNICAL ANALYSIS
$BCH/USDT is showing strong bullish momentum after bouncing from the support zone at $448.9 and pushing towards recent highs. The price is forming higher lows on the 4H chart, indicating buying strength.
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📊 KEY LEVELS
🔸 Support:
$448.9 (Major 24h Low)
$462.0 (Minor pullback zone)
🔸 Resistance:
$493.9 (24h High)
$510.0 (Next breakout target)
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🟢 TRADE SETUP: LONG POSITION
🎯 Entry: $470 – $475
📌 Target 1: $493
📌 Target 2: $510
🛑 Stop Loss: $458
🧠 Reasoning: BCH has broken out of short-term consolidation with increased volume. Momentum favors bulls above $470.
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⚖️ RISK MANAGEMENT
💡 Use 1–2% of your capital per trade. Stick to SL strictly and adjust position size accordingly. Manage your risk — let profits run, but cut losses fast! 🔐📉
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