$BCH /USDT BULLISH BREAKOUT IN PLAY 🚀🔥
📊 Current Price: $436.3 (+1.14%)
📈 Trend: Bullish Momentum Building on Higher Timeframes
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🔍 Key Technical Levels:
Immediate Resistance: $438.5 (Breakout Zone)
Next Major Resistance: $450 ➡️ $468
Support Levels:
First Support: $431.1
Key Support: $423.7
Strong Demand Zone: $416.2 – $408.8
📌 Moving Averages:
MA(7): 433.6
MA(25): 428.7
MA(99): 418.2
✅ Price is above all key MAs, confirming short-term bullish strength.
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🛠 Trade Setup: LONG ENTRY
📥 Entry: $436 – $438 (on confirmed breakout or slight pullback)
🎯 Targets:
TP1: $450
TP2: $468
TP3: $485 (If momentum continues)
🛑 Stop Loss: $423 (Below structure & MA zone)
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💼 Risk Management:
💡 Use 2–3% max of account balance per trade.
⚖️ Maintain Risk-Reward ratio of at least 1:2.
🚫 Avoid overleveraging—wait for confirmation candle above $438.5 before full position.
📣 Bulls are back in charge—watch $438.5 breakout for momentum surge! 💥📈
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