$BCH pushing +3.33% — reclaiming $500 zone with strong PoW energy ⚡️📈
Momentum building toward breakout above $508
$BCH is trading at $505.9, steadily grinding upward after bouncing from its 24H low of $489.5, and nearing the $507.6 high. Volume and structure both suggest more upside if $508 clears.
🔹 24H Volume: 42,762 BCH / $21.36M USDT
🔹 Clean higher lows on LTF
🔹 Reclaim of $500 psychological level = strength confirmed
Trade Setup:
🎯 Entry: $502 – $506
🛡️ Stop Loss: $492
📈 Target 1: $515
📈 Target 2: $528
📈 Target 3: $545
A breakout above $508.5 could ignite further movement, especially with PoW narratives regaining traction. As long as $BCH stays above $500, bulls remain in control.
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