*๐ BCH Bulls Warming Up โ530+ on the Radar? ๐๐ฅ*
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๐ *Current Price:* *485.40* (-2.25
Despite a minor dip today, Bitcoin Cash is showing signs of strength underneath the surface.
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๐ *Trending Signals:*
โ Holding above 21-day EMA = short-term bullish
โ RSI cooling off from 70 โ not overbought anymore
๐ MACD showing a potential bullish crossover on 4H chart
๐ฅ Previous resistance at470 now acting as support
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๐ฏ *Targets to Watch:*
- *TP1:* 505 (short-term breakout)
- *TP2:*530 (main resistance zone)
- *TP3:* 550+ (if momentum builds)
- *Support:*470
- *SL:* Below 458 (pattern invalidation)
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๐ฎ *Prediction Analysis:*
BCH is consolidating just below a key resistance zone. If bulls can reclaim490โ495 with strong volume, a breakout toward *$530+* looks very likely. This area is also supported by a recent uptick in volume and buyer interest.
Momentum is buildingโwatch closely for the next leg. ๐ช๐
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