$BCH Short Liquidation: $6.10K at $504.70 — Bulls Wake Up
Bitcoin Cash just squeezed out shorts at $504.70,
Showing clear bullish momentum building.
Market Sentiment:
Shorts are getting liquidated.
This suggests increased buy pressure and growing trader confidence.
Momentum favors the bulls.
Next Move:
Hold if in position.
Buy on minor dips if looking to ride the trend.
Targets (Upside):
• Target 1: $512
• Target 2: $523
• Target 3: $540
Stop Loss: $492
Resistance: $511
Summary:
$BCH is gaining ground fast.
Shorts are under fire, and buyers are stepping in with force.
A strong breakout could follow if resistance cracks.
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