$BCH /USDT – Early Recovery Signs; Bulls Eyeing a Momentum Shift
Current Price: ~$543
Timeframe: 15m (short-term structure)
BCH is showing early signs of recovery after finding demand near the $539–540 zone. Buyers stepped in with a series of higher lows forming on the lower timeframes, suggesting a potential buildup for a bullish push if momentum continues.
Long Setup (Speculative Early-Stage Reversal Play)
Entry Range:
$540 – $545 (ideal accumulation zone)
Targets:
TP1: $552
TP2: $560
TP3: $568 (major intraday resistance / 24h high)
Stop Loss:
$534
📉 Short Outlook (Invalidation Zone)
If BCH loses the $534–536 support structure, bullish momentum breaks down. In that case, price could revisit:
$528
$522 (deeper support)
📊 Outlook Summary
Bulls are showing early strength, but the market still sits below key resistance. A clean candle close above $548–550 would confirm stronger upside momentum and could accelerate the move toward the 560s.
