$BCH on the edge $510 to $530 recovery may spark a new rally
swinging around $501.90, showing strength after a clean bounce from the low of $493.90. With momentum slowly rebuilding and bulls holding above key levels, a breakout above $508.40 (24-hour high) could lead to a strong upward extension.
Long Trade Setup:
• Entry Area: 500.00 – 503.00
• Stop Loss: Below 493.00
• Target 1: 508.50
• Target 2: 517.00
• Target 3: 528.00
Market Outlook:
BCH has achieved +62.74% in the last 90 days, and this healthy consolidation could be a base for another rise. Watch for a candle close above $504–$505 with volume to confirm the strength of the breakout.
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