$BCH /USDT — A New Recovery Begins for the Session 📈
After a strong sell-off, BCH is showing clear signs of recovery from the demand zone at 550.
The price is now stabilizing with higher lows forming on shorter time frames, indicating that buyers are gradually regaining control.
🎯 Entry Zone:
560 – 566
🎯 Take Profit Targets (TPs):
• TP1: 575
• TP2: 588
• TP3: 602
🛡️ Stop Loss (SL):
Below 548
🔍 Technical Analysis
The 550 area has proven to be strong support and the drop has been rejected from there.
The formation of Higher Lows indicates a gradual shift in momentum in favor of buyers.
Stability above 550 strengthens the likelihood of continued upward movement towards higher resistances.
Only a confirmation push from buyers is needed to extend the bullish movement strongly.
🔥 BCH enters a bullish recovery phase… an early opportunity for those who prefer to enter from the lows. $BCH
