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$BCH /USDT (Short-Term Continuation)
Trade Signal:
Entry Zone: 555 – 565 USDT
SL: 540 USDT
TP 1: 590 USDT
TP 2: 615 USDT
BCHUSDT
BCHUSDT
Analysis:
BCH/USDT is currently trading near a key support zone between 555–565 USDT. Recent price action indicates demand interest and consolidation in this area.
Market data shows a mix of short-term bullish and bearish signals. The price is holding below resistance levels near 590–600 USDT, but remains above short-term support.
Momentum indicators and chart structure suggest potential for a continuation move if price holds above the entry zone. Resistance clusters above offer logical profit-taking areas.
The overall setup favors a short-term continuation if buyers can sustain momentum above the defined entry zone. Let's capitalize on this opportunity! 📈
