đŸ”„ $BCH BCH at $557 – Breakout Loading or Fake Move?

BCH
BCH
492.4
+2.77%

Daily chart shows recovery after the sharp drop to $423, but momentum is slowing.

📊 Structure:

‱ Price above MA(25)

‱ Testing MA(99) around $567

‱ Short-term trend trying to flip bullish

This is a decision zone.

🎯 Key Levels:

Support: $540

Major Support: $504

Resistance: $570 – $595

📈 Trading Plan:

✅ Break and close above $570 with volume → Target $595–$630

🛑 Stop: Below $540

❌ Rejection at $570 → Pullback toward $504 possible

Right now, BCH is at resistance. Don’t chase. Wait for confirmation.

Breakout or rejection? What’s your bias? 👇

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