$BCH – Targeting a Retest of $592
Bitcoin Cash is trading near $592, riding strong bullish momentum after climbing 146% from its recent pullback lows. Price action is now pressing against the $630 resistance — a level that’s turned back rallies twice before.
Trade Setup
Entry Zone: $615 – $626 on small dips
Stop Loss: Below $600 to guard against false breakouts
Target 1: $650 – short-term breakout target
Target 2: $718 – major high retest if momentum continues
Technical View
After breaking out of consolidation, BCH has shifted firmly into an uptrend, making a run toward previous highs. A decisive break above $630 on strong volume could open the door for a push toward $718. If the breakout fails, expect some sideways consolidation before the next attempt.