๐Ÿš€ $BCH / USDT โ€” Long Trade Setup

Current Price: $553.8 (+2.74%)

Trade Direction: Long ๐ŸŸข

Entry Zone: 548 โ€“ 554

Targets:

TP1: 560 ๐Ÿ”ฅ

TP2: 568 ๐Ÿš€

TP3: 580 ๐Ÿ’Ž

Stop Loss: 540 โŒ

Setup Insight:

$BCH has bounced strongly from the $520 support zone and is now comfortably consolidating above $550. On the 1H chart, higher lows are forming, signaling bullish continuation. As long as price holds above the $545โ€“550 support range, buyers remain in control, paving the way for a push toward higher resistance levels.

๐Ÿ’ก Why This Trade Works:

Strong recovery from key support โœ…

Clear bullish structure forming on intraday charts ๐Ÿ“ˆ

Momentum favors buyers for a potential breakout