🚨📊 BCHUSDT Trading Signal 📊

🔥 Pair: BCH/USDT

⏳ Timeframe: 12h

🚀 Buy Signal 🚀

📍 Entry Price: $326

🎯 Take Profit (TP) Targets:

• TP1: $387 (+18.7%)

• TP2: $444 (+36.2%)

• TP3: $514 (+57.7%)

🛑 Stop Loss (SL): $264 (19% loss)

📈 Technical Analysis:

• Descending channel breakout on the horizon

• Bounce off lower channel limit at $294

• RSI is trending upwards, showing breakout potential

• Price stabilizing above the 100MA

📊 Current Data:

• Price: $326

• 24h Change: +2.5%

• Market Cap: $6.43B

• Trading Volume: $1.23B

• RSI (14): 54.2

• MACD (12, 26): 0.012

• 50MA: $304

• 200MA: $274

🔍 Highlighted Research:

• Social Sentiment: 70% bullish 🚀

• Bitcoin Cash Hash Rate: 2.35 EH/s (on the rise) 📈

• Active Addresses: 33.6k (steady)

🔑 Fundamental Insights:

• Scalability and low fees make Bitcoin Cash a favorite in e-commerce & DeFi

• Continued adoption and upcoming upgrades fueling growth!

💡 Recommendation:

Buy BCH/USDT at $326, set Take Profit at $387, $444, and $514. Set Stop Loss at $264.

⚖️ Risk Management:

• Risk/Reward Ratio: 1:3

• Position Size: 2-3% of your portfolio

⚠️ Disclaimer: DYOR and NFA!

$BCH

#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #NeiroOnBinance #FOMC