๐ $BCH Short-Term Rebound Opportunity
After finding strong support near $497.10, $BCH is showing signs of a bullish recovery, reclaiming the $500 level with increasing momentum. A potential reversal pattern is emerging on the 15-minute chart, following a healthy pullback from the $509 resistance zone.
๐ Scalping/Intraday Trade Plan
Entry Range: $499.00 โ $501.00
Target 1: $504.00
Target 2: $508.00
Target 3 (Aggressive): $510.50
Stop-Loss: Below $496.50
As long as price action holds above $498, short-term bullish momentum could lead to a renewed test of recent highs. This setup favors scalpers and intraday traders looking for a clean breakout continuation.