technical analysis for $BCH USDT Perpetual

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🧠 Market Snapshot: BCH/USDT

🔹 Last Price: $514.31 (+4.20% 🚀)

🔸 Mark Price: $514.35

📊 24h Volume:

BCH: 699,194.83

USDT: $352.43M

📈 24h High: $522.48

📉 24h Low: $487.87

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📊 Volume & Moving Averages

Indicator Value Signal

Current Volume 11,234 Low-Mid 🟡

MA(5) 24,738 Price Below ❌

MA(10) 38,626 Price Below ❌

> ⚠️ Volume is still below short-term averages, suggesting buyers are active, but not overwhelming. Caution near resistance.

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🔍 Key Levels to Watch

🔼 Resistance

516.60 – Immediate level to reclaim 🔑

522.48 – 24h high (strong resistance 🔐)

524.22 – Upper breakout test

🔽 Support

508.98 – Local soft support

501.37 – Mid-term demand zone

487.87 – 24h low ⚠️

486.13 – Last major support

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🎯 Trade Strategy

✅ Bullish Setup

📥 Entry Zone: 501–508

🎯 TP1: 516.60

🎯 TP2: 522.50+

🛑 SL: Below 487.50

⚠️ If Rejected at Highs

Short entry near 522.50 if it fails to break

TP: 508–501

SL: Above 525

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📌 Summary Table

Metric Signal

📈 Trend Bias Bullish ↗️

🔍 Momentum Moderate ✅

📉 Volume Trend Slightly Weak ⚠️

🎯 Strategy Long on Dip / Breakout

⚠️ Risk Zone If falls below $487 – watch out 🚨

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Want to overlay this with RSI, MACD, or 1h/4h breakout zones? Just let me know 📉📊📲

#BCHUSD #BCH/USD #BinanceAlphaAlert #GENIUSActPass #Write2Earn