š $BCH ā Current View & Key Levels
Current Price: ~$563
Support & Resistance:
Major Support: $560 ā $550 Secondary Support: $523 ā $520 Near-term
Resistance: $600 ā $627 Next Resistance (if breakout): $645 ā $650
šÆ Entry, Stop-Loss & Targets
Entry Ideas:
Entry 1 (Aggressive dip buy): $555 ā $560 Entry 2 (Pullback / confirmation): $565 ā $570
Stop-Loss (SL):
SL for Entry 1: $545 SL for Entry 2: $548
Targets (Take-Profit):
TP 1: $600 ā $610 TP 2: $625 ā $627 TP 3 (Aggressive / mid-term): $645 ā $650
š§ Short Analysis / Rationale The $560 ā $550 zone is a strong support; a bounce here could provide a good buy opportunity. If momentum continues and buyers remain strong, BCH could reach the $600 ā $627 resistance zone. A breakout may push price toward $645 ā $650. Risk-reward looks favorable: with Entry ~ $555ā$560 and SL ~ $545, potential reward is significant relative to risk. Crypto markets are volatile; partial profit booking at resistance zones is recommended. Maintain flexibility on TP zones and consider riding the trend if momentum sustains.
