This is a well-structured analysis! BCH shows healthy accumulation near $595–$600, and a decisive breakout above $600 with volume could pave the way for targets at $610–$640. Maintaining SL at $584 is prudent to manage risk. Solid setup.

$BCH Preparing for Breakout Above $600

$BCH is trading at $594.9, showing steady accumulation after bouncing from the $584 support zone. The price is approaching the key psychological level of $600, which, if broken with strong volume, could trigger a bullish continuation.

Long Trade Setup

Entry Zone: $595 – $600 (after confirmation above $595)

Target 1 (TP1): $610

Target 2 (TP2): $625

Target 3 (TP3): $640

Stop Loss (SL): $584

If price fails to break $600 convincingly, expect a retest of $584–$580

BCH is consolidating tightly. A clean breakout above $600 with strong buying pressure can shift momentum bullish, while rejection may trap buyers near resistance.