: $BCH /USDT (Perp) — Quick Trading Alert 🚨

Bitcoin Cash is trading near $563.73, after sweeping the $553.73 low — a key liquidation zone where roughly $1.2M in long positions were wiped. Such deep liquidity clears often trigger sharp snapbacks, especially when the market stabilizes above intraday moving averages.

MA(7) = 565.65, MA(25) = 565.08, and MA(99) = 572.91 — the short-term averages are converging just below resistance, signaling a possible momentum shift. A reclaim of $566+ could spark a squeeze toward the $575 area.

Entry (EP): 563.8

Take Profit (TP): 574.5

Stop Loss (SL): 558.5

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