$BCH Market Update
A long liquidation of $2.31K at $535.69 just took place, shaking out overleveraged bulls and putting Bitcoin Cash at a crucial juncture. The reaction here could decide whether momentum rebuilds or breaks further down.
Key Zones in Focus
• Support: $528 – holding this area keeps bullish structure alive.
• Resistance: $548 – a clean breakout above here may ignite fresh upside.
Market Outlook
The liquidation signals buyer exhaustion at higher levels, but the trend isn’t completely broken. If BCH finds support above $530, a rebound toward $545+ could develop. Failure to hold may expose the $515 region.
Trade Blueprint
• Buy Range: $530 – $536
• Target 1: $545
• Target 2: $555 (if breakout sustains)
• Stop-Loss: Below $526 to control risk.
Next Move: The $548 barrier is the battle line — breaking it with volume could spark a run toward $560+.
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