🕯Technical Analysis for Bitcoin Cash ($BCH

) – Weekly Frame

🔹 Current Situation:

BCH price is trading at levels of $549 after a strong rise, but it faces significant key resistance that extends between $580 – $600. This area represents a historical barrier where the price has previously rejected stability above it multiple times.

🔹 Key Levels:

•Nearest Support (SL): $411 – Any clear break below this level on the weekly frame weakens the bullish outlook.

•Key Resistance: $600 – Breaking it with momentum is key to sustaining the upward trend.

⭐️Potential Targets in Case of Breakout:

1️⃣ First Target: $689

2️⃣ Second Target: $895

3️⃣ Third Target: $1117