🚀$BCH
BULLISH TECHNICAL ANALYSIS
$BCH is showing a bullish structure, holding above the 560–582 support zone. Price action demonstrates higher lows with steady buying pressure, and recent consolidation indicates accumulation before a potential breakout. Momentum indicators and volume trends support the continuation of the upward move.
BULLISH OUTLOOK & TRADE PLAN
• Trend remains bullish as long as support holds.
• A breakout above recent highs can trigger further upward momentum.
TARGETS (TP):
• TP1: 600 (near-term resistance)
• TP2: 620 (next swing high)
• TP3: 640 (key breakout level)
STOP LOSS (SL):
• Place SL below 560 (recent support) to manage risk.
RISK MANAGEMENT:
Use proper position sizing, risk only a small percentage per trade, and avoid over-leveraging.
