$BCH 📊 BCH/USDT (Perp) – Trade Signal
Current Price: $572.74 again in action
Timeframe shown: 1D
Structure: Strong bounce from $422 low. Now forming higher lows and slowly pushing toward resistance. Momentum building but nearing supply zone.
🟢 Bullish Setup (Continuation)
If price holds above $555–560:
Entry: 568 – 575
Stop Loss: 540
Targets:
🎯 TP1: 600
🎯 TP2: 627
🎯 TP3: 660
Break and daily close above $600 opens the door for expansion toward previous highs.
🟡 Breakout Confirmation
Wait for strong close above $600.
Entry: 602 – 610
Stop Loss: 565
Targets: 627 → 660 → 680
🔴 Bearish Scenario
If price loses $540:
📉 518
📉 480
📉 450
Key Levels
540 = key support
600 = breakout trigger
627 = major resistance
Bias: Slightly bullish while above 555, but real strength confirmed above 600. Watch volume near resistance.