🔥 BCH/USDT – Bulls Defend Key Structure (4H)
$BCH Bitcoin Cash bounced aggressively from the $423 liquidity sweep, forming a strong V-shaped recovery and reclaiming the $500 psychological level. Price is now consolidating around $526, signaling a pause before the next expansion.
On the 4H timeframe, $BCH maintains a bullish structure with higher lows, showing buyers are still in control. The $500–$495 zone has flipped into key support, while the $460–$430 region remains a strong demand area. Immediate resistance sits at $540–$545, where sellers previously stepped in.
A clean 4H close above $545 with volume could unlock upside toward $565–$600. Until then, expect range behavior or a controlled pullback. Loss of $495 may open a retrace toward $470–$460, which would still keep the broader bullish structure intact.
📊 Key Levels
Support: $500 → $495 | $460
Resistance: $545
Targets: $565 → $600
💡 Trader Insight: BCH is at a decision zone. Wait for confirmation and trade the breakout or the pullback — not the chop.
⚠️ Risk management is key.
Not Financial Advice)
Disclaimer: I am not your financial advisor.
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