$BCH Trade Analysis & Preparation

BCH

575.6

-1.18%

BCH is trading at $611.1 (+4.23%), after bouncing back from its lowest level in 24 hours of $583.4 and slightly retreating from its highest level of $629.8. The 15-minute chart shows consolidation with moderate volatility, indicating that buyers are trying to stabilize the price after recent gains.

If $BCH maintains a level above the support area between $605 and $610, it may push further towards the resistance area between $620 and $630. However, a drop below $600 may indicate weakness and could lead to a retest of lower levels.

Trade Preparation:

Entry: $608–$612

Target: $620–$630

Stop Loss: Below $600

Hashtag: #BCHAnalysis