$BCH /USDT Setup: Buy the Breakout or Sell the Rejection?
$BCH – Trade Setups
💡 Trade Plan — BUY
🟢 Buy: $555 – $565
🎯 TP 1: $585 – TP 2: $605+
🛑 SL: $535
$BCH has shown a strong intraday recovery, bouncing over 3% from the $540 support level. If price consolidates above $560, look for a continuation toward the $600 psychological barrier. The daily trend remains bullish, supporting a "buy the dip" approach.
🚀 Recommendation
I recommend going for the BUY trade.
Reasoning: While global macro pressure is building, BCH is currently leading major Layer-1s in 2025 performance. The recent bounce from $532 to $567 suggests that buyers are stepping in aggressively at support. As long as Bitcoin ($BTC) remains stable above $86k, the path of least resistance for BCH appears to be toward the $585–$600 range.
BCHUSDT
Prep
593.07
+0.65%