$BCH

BCHUSDT

Perp

582.26

+3.52%

• Trading Plan (Long-term):

• Entry: $568.00 - $574.5

• Stop-loss (SL): $559.00

• Take-profit (TP): $585.00 and $594.00

• Key levels of resistance/support: MA(99) at $574.03 acts as a strong dynamic support level, consistently supporting price movements above it after a recent drop.

• Indicators: RSI has room for growth (currently in the range of $50-$60), confirming a potential move for retesting recent highs. MACD crosses zero (although not visible, price movement indicates positive momentum), confirming upward momentum.

• Forecast: Inability to hold $567.00 is likely to lead to a decline in BCH for retesting the minimum of $560.00. A breakout above $588.00 targets the region of $600.00.