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As of today, June 29, 2025, Bitcoin Cash (BCH) is trading at $491.23, down slightly on the day after reaching a high near $499.07.

🔍 Trading Strategy:

1. Entry (Bullish bias)

• Aggressive buy: Consider entering around $490–495 with stop-loss set below $480 to limit downside, capturing upside to $500–510 resistance.

• Conservative buy: Wait for a breakout above $500–505 on strong volume—which would signal continuation toward $520+—then enter with stop-loss near the $495–500 region.

2. Target Zones

• Short-term target: $500–510 resistance; if breakout occurs, next watch $520–530.

• Medium-term: Based on bullish forecasts (e.g. average ~$546–552 by late July)   , a target near $550 looks attainable.

3. Risk Management

• Position sizing: Keep risk per trade ~1–2% of total capital.

• Volatility: BCH sees ~2–3% intraday swings; use conservative SL and don’t chase price.

• If price breaks below $480 with volume, cut losses. A drop under $460–470 may signal deeper pullback.

4. Confirmation & Execution

• Watch volume: Entry signals stronger above-average volume on breakout.

• Track Bitcoin: BCH often correlates moderately with BTC; a sharp BTC move could affect BCH .

5. Stop-Loss & Take Profit Example

• Entry: $492

• Stop-Loss: $480 (-2.4%)

• Take-Profit 1: $505 (+2.6%)

• Take-Profit 2: $550 (+11.8%)

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🧠 Summary

• Trend is bullish overall, supported by ascending channel, moving averages, and institutional volume spikes.

• Catalysts: breakout above $500 could fuel a move to $550+.

• However, the double-top near $510 and macro volatility mean caution is warranted.

• Use disciplined entries, modest position sizing, and tight risk control around $480–490 levels.