🚀 $BCH Eyes $720 After Powerful Breakout
$BCH is showing serious strength, trading around $596 after an impressive +146% rally from the lows. The key $630 level once a strong ceiling has been reclaimed, flipping into support. Next big target? $718, the major swing high.
📊 Technical Outlook
BCH has broken out of a long consolidation phase and is holding a series of higher lows. A daily close above $630 with solid volume could ignite the next leg up toward $720. However, losing $585 may bring a short-term pullback before another push.
🎯 Trade Plan
🔵 Entry Zone: $585 – $600 on healthy dips
🔴 Stop Loss: Below $565 to dodge fake breakouts
🟢 TP1: $630 breakout confirmation
🟢 TP2: $720 major high retest
Patience and disciplined execution are key here. 📈
➡️ buy and trade here on $BCH
