$BCH is rising – Did you miss the launch or is the opportunity still in your hands?
🔹 Current price: 458.0 USDT (+5.72%)
🔹 High/Low in 24 hours: 462.2 ↔ 421.1
🔹 Technical indicators:
RSI = 71.2 🔺 Entering the overbought zone
MACD: Clear positive crossover supporting the rise
Bollinger Bands: Price breaks through the upper limit = Very strong momentum
Technical analysis: BCH has recorded a strong rebound from 377.5 USDT with consecutive upward waves. The price is now breaking through previous resistance driven by high trading volumes and clear buying momentum.
Trading opportunity:
Entry zone:
Late entry between 448 – 455 USDT (if stability above 450 is confirmed)
Targets:
First target: 475 USDT
Second target: 495 USDT
Stop loss: 437 USDT (below short-term support)
Trading outlook:
With high momentum indicators, BCH is in a potential price breakout phase. However, the high RSI calls for caution regarding a slight correction before the next rise.
Will BCH continue to break resistances and head towards 500? Or is a correction near? Share your opinion and expectations