$BCH Bullish Breakout Signal ๐๐ฅ
BCH rebounded from $548 and is now testing resistance near $563. Buyers defended the $555 zone and reclaimed $560 with rising momentum. Price action suggests a push toward the $580 psychological level if current strength holds.
$BCH/USDT โ $562.70
Short-Term Strategy
Direction: Long ๐
Entry Zone: $558โ$564
Stop Loss: $552 (50% position), $545 (remaining 50%)
Take Profit:
$578 (50% position)
$595 (remaining 50%)
Mid-to-Long-Term Strategy
Direction: Long ๐
Entry Zone: $550โ$564
Stop Loss: $535 (50%), $520 (50%)
Take Profit:
$610 (50%)
$640 (50%)
Momentum favors the bulls, and a breakout above $564 could accelerate gains toward $580.
BCH $BTC $ETH $BNB #BullishTrend
โ ๏ธ Disclaimer: This is for educational purposes only and is not financial advice.
Will BCH break past $580 or face resistance again? Drop your take below ๐
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๐ Comment your bias: Bullish or Bearish?
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4
Buy and Trade Here On $BCH
