🚀 BCH/USDT Technical Analysis – Massive Surge, What’s Next? 🔥
Bitcoin Cash (BCH) has skyrocketed +26.16%, currently trading at $384.4 on Binance. The price saw a 24h low of $291.1 and a 24h high of $388.4, signaling strong bullish momentum.
Key Levels & Targets 🎯
🔹 Target 1: $400 – A psychological resistance level. Breaking above could push BCH into new highs.
🔹 Target 2: $420 – If bulls maintain control, the next key resistance is around $420, a historical resistance zone.
🔹 Target 3: $450+ – Sustained momentum could lead BCH toward $450, especially if Bitcoin remains strong.
Indicators & Market Sentiment
✅ Parabolic SAR Support at $300.5 – Indicates trend strength and support level.
✅ Strong Volume – $89.66M USDT traded in 24h, confirming demand.
⚠️ Caution: If BCH drops below $350, a pullback toward $329–$307 is possible before further upside.
📊 Strategy: Watch for a breakout above $390 for further gains. A stop-loss around $350 could protect against volatility.
