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🚀 $BCH is on the watchlist for this month!
After a strong rebound from 423 to 573.5, $BCH managed to reclaim an important area at 540 - 550. Today's price tested resistance at 573, and a daily close above it could quickly pave the way towards 649.2 📈
As for breaking 540, it could bring pressure back towards 500 then 453.
The momentum is currently positive, but it needs strength.
📅 Community event $BCH on February 17 and the LAYLA upgrade in May could be important catalysts for the upcoming movement.
{spot}(BCHUSDT)
After a strong rebound from 423 to 573.5, $BCH managed to reclaim an important area at 540 - 550. Today's price tested resistance at 573, and a daily close above it could quickly pave the way towards 649.2 📈
As for breaking 540, it could bring pressure back towards 500 then 453.
The momentum is currently positive, but it needs strength.
📅 Community event $BCH on February 17 and the LAYLA upgrade in May could be important catalysts for the upcoming movement.
{spot}(BCHUSDT)
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