🚨 $BCH
ALERT: STRONG UPTREND WITH VOLATILITY AHEAD! 🚨
$BCH has climbed +15.21%, trading at $509.7 after hitting a 24-hour high of $536.2. While the coin shows strong bullish momentum, profit-taking around resistance has led to minor retracements.
💡 Key Trade Levels to Monitor:
Entry Price: $509.7 (Current Price).
Resistance Zone: $530.0 – Breaking this could lead to another leg up.
Support Zone: $500.0 – Holding above this is critical to sustain the bullish trend.
🎯 Take-Profit Targets:
1. $525.0
2. $540.0
3. $555.0
🔒 Stop Loss Level: $495.0 – Ensure risk management if volatility increases.
⚠️ Cautionary Note: Monitor the resistance zone closely as rejection could lead to further consolidation. Keep an eye on trading volumes for confirmation of the next breakout or retracement.