$BCH short liquidation at $447.35:
Alert: BCH Short Liquidation Hits $9.006K at $447.35! Bulls Take Charge!
๐ฅ Bitcoin Cash (BCH) has just seen a short liquidation of $9.006K at $447.35, signaling a potential bullish breakout.
The bears are losing steam, and traders are eyeing opportunities.
Here's a detailed trade plan to capitalize on the momentum:
---
๐ Trade Details
Entry Point: $448.50 (slightly above liquidation level to confirm bullish momentum).
Target 1: $460.00 (key resistance area).
Target 2: $475.00 (next significant resistance zone).
Stop Loss: $442.00 (below critical support to limit downside risk).
---
๐ก Key Observations
The $9.006K short liquidation suggests bearish positions are unwinding, creating upward pressure on price.
Strong buy-side interest at the liquidation level could push BCH toward higher resistance zones.
Watch for volume surges to confirm a sustained bullish move.
๐จ Pro Tip: Patience is key! Wait for confirmation before entering, and always maintain disciplined risk management.
๐ Will BCH break through to $475 or higher? Get ready to ride the trend as the bulls aim to dominate!
#BTCNextMove #USUALAnalysis #CorePCESignalsShift #ElSalvadorBTCReserve #USJoblessClaimsFall