๐ BCH/USDT Technical Analysis โ Massive Surge, Whatโs Next? ๐ฅ
Bitcoin Cash (BCH) has skyrocketed +26.16%, currently trading at $384.4 on Binance. The price saw a 24h low of $291.1 and a 24h high of $388.4, signaling strong bullish momentum.
Key Levels & Targets ๐ฏ
๐น Target 1: $400 โ A psychological resistance level. Breaking above could push BCH into new highs.
๐น Target 2: $420 โ If bulls maintain control, the next key resistance is around $420, a historical resistance zone.
๐น Target 3: $450+ โ Sustained momentum could lead BCH toward $450, especially if Bitcoin remains strong.
Indicators & Market Sentiment
โ Parabolic SAR Support at $300.5 โ Indicates trend strength and support level.
โ Strong Volume โ $89.66M USDT traded in 24h, confirming demand.
โ ๏ธ Caution: If BCH drops below $350, a pullback toward $329โ$307 is possible before further upside.
๐ Strategy: Watch for a breakout above $390 for further gains. A stop-loss around $350 could protect against volatility.
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