🚀 $BCH /USDT – Eyeing a Breakout? 📈
📌 Coin: Bitcoin Cash ($BCH )
💰 Price: $522.56
🕒 Chart TF: 1D (Daily)
📊 24h High / Low: Depends on live data, but around $500–$530 recently
📈 Market Status: Pullback complete, signs of bullish continuation
🔍 Technical Breakdown:
📈 Bullish Reversal Candles forming near $510–$520 range
📉 Previous Resistance at $530 acting as current barrier
🔄 MACD curling upward – bullish cross expected
💪 RSI holding above 55 = trend still alive
🔁 Volume picking up after recent dip – buying pressure returning
🎯 Trade Setup:
✅ Entry: $522.56
🎯 Targets:
TP1: $538
TP2: $558
TP3: $582
🛡️ Stop-Loss: $505 (tight) or $488 (swing safe)
💡 Strategy Thoughts:
✅ BCH bouncing from key structure
✅ Strong support from $500 zone
✅ Possible cup & handle forming — breakout above $530 could trigger a run
⚠️ Keep watch on BTC’s direction – BCH often lags but follows
📌 Summary:
BCH at $522.56 is positioned well for a breakout continuation if it clears $530 with volume. A close above $538 may open path to $580+. Good for swing trade setups in a bullish bias market ⚒️