Current Price: $442.4

24h High: $446.5

24h Low: $411.3

Indicators Overview:

1. Trend: BCH/USDT has gained +3.95% in the last 24 hours, showing bullish momentum.

2. RSI: RSI around 60, suggesting moderate bullish strength with some room for further gains.

3. Support Levels: Immediate support at $425, followed by $411.3 (24h low).

4. Resistance Levels: Key resistance at $446.5 (24h high), with further resistance at $460.

Trade Strategy:

1. Entry Point:

Buy Zone: $432–$440 (on pullbacks or stabilization near current support).

2. Targets 🎯:

🎯 Target 1: $446.5 (immediate resistance, 24h high).

🎯 Target 2: $460 (extended target).

🎯 Target 3: $475 (psychological resistance).

3. Stop Loss:

Place a stop loss at $425 to manage downside risk.

Notes:

Watch for confirmation of breakout above $446.5 with increasing volume.

Adjust stop loss to breakeven after hitting the first target to lock in profits.

If the price drops below $425, consider reevaluating the position for further downside risk.