$BCH /USDT TESTING RESISTANCE – READY FOR A BREAKOUT?
BCH has been steadily climbing from the 436.9 zone and is now retesting a crucial area just below 580. The price structure shows bullish higher lows, suggesting a potential breakout if momentum holds.
Short-term traders can look for a safe long entry with tight targets and clear invalidation.
TRADE TYPE: Spot or 2x–3x Futures
ENTRY ZONE: 568 – 573
STOP LOSS: 554 (below the recent bullish base)
TAKE PROFITS:
• TP1 – 583
• TP2 – 592
• TP3 – 602
• TP4 – 608 (previous high)
STRATEGY:
Entry near current consolidation range
Move SL to entry after TP1
Watch 608 level closely – strong resistance from previous peak
TREND: Bullish structure but facing resistance
RISK LEVEL: Moderate
Ideal For: Short-term scalpers and trend followers