$BCH Targeting $718 After Breakout

$BCH is trading near $596.20, building momentum after a 146% rally from major lows. Price has reclaimed the $630 zone a critical resistance level that previously rejected rallies and is now eyeing the $718 major high.

Trade Setup

Entry Zone: $585 – $600 on pullbacks

Stop Loss: Below $565 to avoid fake breakouts

Target 1: $630 – recent breakout zone

Target 2: $718 – major high retest

Technical View

After a long consolidation phase and strong breakout, BCH has cleared key resistance and is sustaining higher lows. A decisive close above $630 with strong volume could trigger a rally toward $718, while failure to hold above $585 may lead to short-term consolidation.