Friends, BCH has shown a strong recovery after dipping to 551.5, and now in this bounce structure we can see price trying to hold above the 580–584 zone.

In the middle of this move, $BCH is building a base, and if buyers maintain pressure, then the next push can take it back toward previous rejection levels around 600+.

But if price fails to hold this support zone, then a pullback toward 572 may appear again.

Entry: 578 – 582

Take Profit: 595 / 605

Stop Loss: 568

$BCH

BCHUSDT

Perp

577.88

-0.25%