$BCH /USDT BULLISH SETUP – STRONG REBOUND OFF SUPPORT

Current Price: $516.0 (+0.39%)

Category: Proof-of-Work (PoW)

Exchange: Binance

KEY LEVELS TO WATCH:

Resistance Levels:

$521.1 – 24h High / Near-term resistance

$530.0 – Local breakout zone

$550.0 – Major resistance on higher timeframes

Support Levels:

$501.3 – 24h Low / Active support

$485.0 – Key demand zone

TRADE SETUP – LONG OPPORTUNITY:

Entry Zone: $514 – $517

Take Profit Targets:

TP1: $530

TP2: $550

Stop Loss: $499 (below strong support)

Confirmation: Bullish 1H/4H candle close above $520 or reclaiming daily EMA shows continuation potential.

RISK MANAGEMENT TIP:

Stick to 1–2% max capital risk. BCH has solid liquidity, but volatile moves can fake out weak stop placements.

$BCH/USDT is showing signs of strength after bouncing from $501. A clean break above $521 could trigger momentum toward $530–$550. Watch volume closely!

Want the bearish flip level or higher timeframe breakout map? Just ask!

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