$BCH Reloaded: Bounce from the Abyss Begins.....
After dropping to the $468 support, $BCH shows a sharp recovery candle on the 4H chart indicating strong buyer interest at lower levels. A potential reversal is in play.
LONG Trade Setup
Entry Zone: $480 ā $485
TP1: $497
TP2: $510
TP3: $526
Stop Loss: $465
š Technical Insight:
BCH just printed a bullish engulfing candle off a key support zone. Volume is picking up, and buyer dominance has returned above $480. Watch for a continuation rally if price holds above $479.
Sometimes the best setups form after fear BCH may be ready to rise from the dip.