$BCH / USDT — Strong Bounce Signals Recovery 📈
Bitcoin Cash is hovering near 592 after a sharp rebound from the 560–565 demand area. On the 4H chart, price action formed a solid bullish reversal, breaking the short-term bearish structure and pushing back above the 580–585 zone. This confirms fresh buying pressure following the recent pullback 💪.
As long as price stays supported above this reclaimed level, the probability favors a continuation toward higher resistance zones. Market momentum has transitioned from bearish into a neutral-to-bullish phase after the powerful impulse move 🚀.
🎯 Entry Area:
585 – 595
🎯 Upside Targets:
• 610
• 635
• 665
🛑 Invalidation Level:
560
Overall bias remains neutral-bullish while BCH holds above 575. Maintaining this level keeps the recovery structure healthy, while a drop below 560 would negate the setup and tilt momentum back to the downside ⚠️.
