$BCH just gained +9.64% to $544.8 because the PoW narrative is heating up and it was oversold. The breakout from $493-$515 triggered this move, and the way it absorbed selling at $520-$530 shows strong demand.

Targeting $570-$590 if we hold above $550. That level is psychological resistance, so breaking it confirms continuation. Watch for a healthy retest of $530 before the next leg.