🚨 $BCH /USDT – Rally Just Started or Time to Cool Off? ⚡📈
$BCH is on the move, up 7.32% and trading at $492.9. With bullish momentum and rising interest in PoW tokens, can BCH smash through $505 or is a cooldown approaching?
📊 Market Overview
📍 Current Price: $492.90
📈 24h High: $505.20
❄️ 24h Low: $459.20
📊 Parabolic SAR: ~$472.40 (trend support holding)
📉 MACD Momentum:
DIF: Positive
DEA: Rising
MACD Histogram: Strengthening bullish momentum
📈 RSI (6): 54.2 (Neutral—room for further upside)
📈 Moving Averages (Trend Watch):
MA(7): 491.9
MA(25): 486.3
MA(99): 471.1
📈 BCH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BCH Holds Above $486.00):
Entry: Above $495.00
Targets: $505.20, $509.50, $520.00
Stop-Loss: $471.00
🔹 Bearish Scenario (If BCH Breaks Below $471.00):
Entry: Below $471.00
Targets: $453.90, $435.40, $421.10
Stop-Loss: $495.00
🔍 Should You Hold or Exit?
✅ Price above all MAs = Bullish continuation signal
✅ RSI in healthy zone = More upside potential
⚠️ Resistance at $505 = Critical test ahead
💡 Pro Tip:
Watch for volume surge above $505.00—a clean breakout could send BCH to $520+. Failure there? Expect a dip toward $472 support.
📢 Are you bullish on Bitcoin Cash or rotating to other POW tokens? Share your thoughts in the comments!
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