$BCH Bitcoin Cash (BCH) is showing strong bullish signs after a significant short liquidation event. Here's the current outlook:
- *Current Price*: $363.60, indicating potential momentum building
- *Buy Zone*: $352.00 - $356.00, a key range to watch for further bullish activity
- *Targets*:
- *First Target*: $365.00, a potential short-term gain
- *Second Target*: $380.00, a further upside target
- *Stop Loss*: $348.00, crucial for managing risk
Given the recent short liquidation of $21,595 at $358.72, it's possible that BCH might experience further price movement. Keep an eye on market trends and adjust your strategy accordingly ¹.