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$BCH /USDT Potential bullish continuation – watch key levels
Current price: 534.3 USDT (+0.77%)
Important levels:
Resistance: 539.9 USDT (highest in 24 hours), 543.8 USDT (recent high)
Support: 515.0 USDT (lowest in 24 hours), 522.3 USDT (short-term support)
Trade setup:
Direction: bullish continuation
Entry (long): 535–537 USDT upon confirmation of support holding
Take profit (TP): 544 USDT (first target), 550 USDT (secondary target if momentum continues)
Stop loss (SL): 522 USDT (below key support)
Analysis:
BCH/USDT shows moderate bullish momentum with price oscillating near short-term resistance. A bounce from 535–537 USDT could lead to a bullish move towards 544–550 USDT. Monitor trading volume and the relative strength index for confirmation; any break below 522 USDT could invalidate the bullish trend and indicate a short-term correction.
Positive guidance:
Remember, patience and discipline are your best allies in trading. Focus on levels, manage your risks, and trust your strategy—every step forward is progress.
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