$BCH

BCHUSDT

Perp

582.14

+4.25%

• Trading plan (Long-term):

• Entry: $568.00 - $574.5

• Stop-loss (SL): $559.00

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

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

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

• Forecast: Inability to hold $567.00 will likely lead to BCH dropping for a retest of the $560.00 low. A breakout above $588.00 targets the $600.00 region.