šØ Crypto Signal: $BCH /USDT ā Bullish Breakout Alert šØ
š Current Price: $598.99
š 24h High: $612.40 | 24h Low: $585.20
š Trade Setup: Bullish Momentum & Key Breakout Levels in Play
š Key Levels
Immediate Support: $585.20
First Resistance: $612.40
Major Resistance Zone: $625.00 ā $635.00
š„ Trade Setup
$BCH /USDT is trading close to its resistance zone at $612.40 after a solid rebound from $585.20. The bulls have been building strength with consistent higher lows, hinting at an impending breakout.
A decisive move above $612.40 could trigger strong follow-through buying toward $625 and beyond.
šÆ Target Levels
Target 1: $612.40 (Breakout confirmation)
Target 2: $625.00
Target 3: $635.00 (Extended target if bullish momentum sustains)
š Stop Loss
Suggested SL: $580.00 (Below recent support to safeguard capital)
š® Market Sentiment
The sentiment remains bullish, supported by a rising MA(5) and healthy trading volumes.
Buyers appear to be stepping in at every dip, indicating strong market confidence.
If price action holds above $612.40 with volume confirmation, BCH could enter an accelerated uptrend targeting mid-$630s.
š Pro Tip: Consider entering with a partial position now and adding more on confirmed breakout to maximize returns while controlling risk.
ā Disclaimer: This is not financial advice. Always DYOR before trading.
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