$BCH experienced a short liquidation at $591.43, confirming strong buyer defense at a major level. Sellers attempted to break down, failed, and were forced to exit positions.
EP: $585 – $595
TP: $620 → $655 → $710
SL: $560
Price action shows clear acceptance above support rather than rejection. Market structure remains constructive, and momentum favors continuation as downside liquidity has already been cleared. With buyers firmly in control, $BCH has room to expand toward higher liquidity zones.
BCH
591.1
+1.77%