$BCH
/USDT โ SPIKE TO $470, NOW COOLING OFF ๐ฎโ๐จ๐
IMPULSE MOVE FROM $451 TO $470
REJECTION AT THE TOP โ NOW STABILIZING AROUND $457
MOMENTUM SLOWING, BUT STRUCTURE STILL RECOVERABLE
Bitcoin Cash saw a short-lived pump, quickly retraced after hitting $470. Price is now consolidating near $457 โ a key zone to watch for the next move.
๐ข Spot Long Trade Setup (Bounce Play):
Entry Zone: $455 โ $458
Target (TP): $470
Stop Loss (SL): $449
Market Outlook:
If BCH holds above $454 support, a rebound is likely. Bulls need to reclaim $462+ to reattempt a breakout. Caution: Volume fading โ confirmation required.