$BCH USDT LONG TRADE SIGNAL 🚀
$BCH USDT has delivered a strong impulsive breakout on the 1H timeframe after forming a solid base around the $495–$505 demand zone. The market structure has shifted bullish with higher highs and higher lows, followed by an aggressive expansion move clearing the $520 and $540 resistance levels with strong momentum candles.
Price is now trading near $558, showing continuation strength after breaking short-term consolidation. As long as price holds above the $540 breakout level, bulls remain in control.
Trade Setup:
Entry Zone: $545 – $555
Stop Loss: $525
Targets:
TP1: $575
TP2: $600
TP3: $630
Risk management is key — wait for minor pullbacks instead of chasing extended candles.
Market Outlook:
The short-term trend is strongly bullish. Continuation is likely if price sustains above $540 support. A breakdown below $525 would invalidate the current bullish structure and suggest deeper retracement.