$BCH is currently trading at 533.6 after a 3.53% drop in the last 3 hours. Price is consolidating near support at 522.9 with MA(5) at 533.7, MA(10) at 539.6, and MA(30) at 548.1.

Short-term Prediction: Price likely to bounce upward from support zone.

Trade Setup (Long):

- Target 1: 539.0

- Target 2: 548.0

- Target 3: 554.0

Market Outlook: BCH showing signs of a recovery after a sharp drop; volume stabilizing, candles creating their base near support.

Go for Trade: Yes, long trade preferred above 530 with tight SL.

$BCH

BCHUSDT

Perp

505.72

-0.26%

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