🚀 $BCH /USDT – Eyeing Breakout Above $500! 🔥📈
$BCH is trading at $495.5 (+1.81%) as it steadily approaches the critical $500 resistance zone. With strong bullish momentum building, buyers are eyeing a potential breakout and continuation rally!
📊 Long Trade Setup:
• Entry Zone: $492 – $496
• Target 1 (TP1): $505
• Target 2 (TP2): $512 ✅
• Stop Loss (SL): $484
⚡ Technical View:
Clean uptrend structure with higher lows, and increasing buy volume near resistance suggests strength. A break and hold above $500 could unleash bullish continuation.
🛡 Risk Note:
Protect capital with a tight SL at $484 — especially if price gets rejected near $500 again.
🔄 Strategy Breakdown:
This setup banks on bullish momentum and a breakout play above psychological resistance. Entry near consolidation gives solid positioning with favorable upside risk-reward.
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