Alright family, let me walk you through what I’m seeing here 👀
BCHUSDT
Perp
534.24
-2.18%
reacted strongly after the impulse move, followed by a healthy pullback and quick recovery. Price is holding above the recent demand zone and buyers are clearly stepping back in after the shakeout. As long as this structure stays intact, continuation remains favored from this area.
Trade Setup
Long Entry: 555 – 557
Stop Loss: 549
Targets:
• 562
• 568
• 574
Simple structure, clean levels — manage risk and let price do the rest.