$BCH completed a healthy correction after the recent impulsive movement and is now holding above the key intraday support zone.
Price compression at this level indicates a weakening of selling pressure, while buyers are gradually returning.
If BCH holds above the current base, the structure supports a continuation of the recovery to higher resistance levels.
Momentum remains constructive for a controlled upward movement.
Trading Setup
Entry Range: 577.5 – 579.0
Target 1: 584.0
Target 2: 588.0
Target 3: 592.0
Stop Loss (SL): 572.5
BCHUSDT
Perp
592.62
+1.64%