TECHNICAL ANALYSIS – BULLISH MOMENTUM CONTINUES

$BCH is showing strong bullish momentum after breaking above the recent consolidation zone. Price action indicates continued buying pressure with higher highs and higher lows forming on the short-term charts. Key resistance lies around $550, which if broken decisively, could open the path towards $565–$570 as the next target. On the downside, immediate support is at $525–$530, providing a clear risk level.

Trade Plan:

Entry: Look for dips near $530–$534 for a potential long position.

Targets (TP): $550, $565, $570

Stop Loss (SL): $525

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BCHUSDT

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