$BCH 4H Analysis

BCH
BCHUSDT
556.16
-1.07%

$BCH I’m seeing a strong impulse from 490 → 581, and now price is moving sideways in a range.

Multiple rejections near 580 and support holding around 545–550.

This looks like consolidation before the next move.

Bias: range until breakout.

🔴 Short Setup (Range High Rejection)

Entry: 570 – 580

SL: 592

TP1: 555

TP2: 545

TP3: 530

🟢 Long Setup (Range Low / Breakout)

Entry: 545 – 550 support hold

SL: 535

TP1: 570

TP2: 585

TP3: 600

I prefer $BCH trading the range levels until a clean 4H breakout happens.