After a strong impulsive move to the upside, $BCH faced rejection from the upper resistance zone and corrected back into a key demand area. The selling pressure is slowing down, structure is stabilizing, and buyers are stepping in near support. This pullback looks healthy, and price is now positioned for a potential bullish continuation toward the previous highs.

Trade Setup (Long):

Entry range: 590 – 596

Target 1: 608

Target 2: 620

Target 3: 635

Stop Loss (SL): 568

Market Outlook:

Short-term bias is bullish. As long as price holds above the demand zone, upside continuation toward the resistance area is expected.