$BCH

BCHUSDT
Perp
564.13
+3.64%
— Bullish Momentum Building 📈
Bitcoin Cash is showing renewed strength after a solid rebound from the 1D EMA50 support. Price is now consolidating above short-term EMAs on the H1/H4 timeframes, with RSI holding in bullish territory — setting up for a potential breakout continuation.
The structure looks constructive as long as support holds.
📊 Trade Plan (Long)
Entry Zone: 559 – 571
🎯 TP1: 581
🎯 TP2: 597
🎯 TP3: 609
🛑 Stop Loss: 553
Momentum favors buyers while price stays above the entry structure. A strong push through local resistance could accelerate the next leg up.
Manage risk properly and scale out at targets. 👇