$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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