$BCH /USDT – Bullish Surge in Action!
Momentum Analysis: BCH has experienced a +20.72% jump, currently trading at $375.2. The recent surge broke past key resistance levels, with a high of $383.1, and solid indicators like the MACD showing strength (+1.8). The short-term trend is strongly bullish, confirmed by rising EMA(7) and EMA(25).
Long Setup:
Entry Zone: Around $375.2
Targets:
T1: $380.0
T2: $385.0
T3: $390.0
Stop Loss: $350.0
Breakout Confirmation Level & Key Support:
Breakout Level: $380.0 (key resistance)
Key Support: $291.1 (recent low)
Pro Tip for Traders: With MACD showing a bullish divergence, monitor for a confirmation candle above $380. A hold above this level could push BCH to fresh highs.
Relevant Hashtags: #Crypto #BullishSurge #BCH #USDT #BitcoinCash