🚨 $BCH Short Liquidation! 🚨
🔥 Over $10,012 in shorts liquidated at $435.36! Bulls are taking control, squeezing out the bears. Is $BCH gearing up for a massive breakout, or will the resistance push it back? Let’s dive into what’s next!
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Current Analysis
Price Action: Short liquidations at $435.36 show strong bullish momentum.
Market Sentiment: Bulls are stepping up, but a pullback to key levels could offer the best entries.
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Trading Plan
Buy Zone:
Accumulate between $420 - $432.
(Patience is key for a dip-buying opportunity.)
Targets:
1. Target 1: $450
2. Target 2: $475
3. Final Target: $500
Stop Loss:
Place a tight stop loss at $415 to protect your downside.
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What to Watch For
1. Break Above $440: This could confirm a stronger bullish trend.
2. Volume Spike: Look for high buying volume for further confirmation.
3. Resistance at $450: Watch if bulls can smash through this level.
$BCH is heating up—don’t miss the action! Keep risk management at the core of your strategy, and stay sharp. Happy trading!
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