$BCH /USDT BULLISH RESUMPTION SETUP
$BCH/USDT is demonstrating bullish strength after reclaiming support near 571.6, with a steady uptick towards the 24h high of 602.2. The price action coupled with increasing volume indicates buyers are regaining control. Technical indicators on 1h and 4h charts confirm momentum is favoring the upside with rising moving averages and bullish MACD signals.
LONG ENTRY: Enter on a confirmed breakout above 602.5 with strong volume to confirm continuation.
TARGETS: First target at 615, second target at 630 key resistance zone.
STOP LOSS: Place stop loss below 575 to safeguard against downside retracement.
RISK MANAGEMENT: Limit risk exposure to 2-3% of total capital per trade. Use proper position sizing and confirm entry signals to reduce false breakouts and protect your investment.
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