$BCH /USDT – Bullish Breakout in Progress!
Momentum Analysis:
Bitcoin Cash (BCH) is showing strong upward momentum, currently trading at $345.5 (+14.21%), with a 24h high of $355.9 and a 24h low of $291.1. The MACD indicator signals bullish strength (DIF: 7.6, DEA: 6.7, MACD: 0.9), reinforcing potential for further upside.
Long Setup:
Entry Zone: $340 - $346
Targets:
T1: $355
T2: $368
T3: $380
Stop Loss: Below $330
Breakout Confirmation & Key Support:
Breakout Confirmation: Above $355 with sustained volume
Key Support Levels: $340, $331
Pro Tip for Traders:
Watch for consolidation near $346 - $355. If BCH holds above $355, a strong push toward $368+ is likely. Manage risk effectively, as volatility remains high.