The 15-minute chart for $BCH indicates strong bullish momentum, with the current price at 518.2 after reaching a 24-hour high of 536.2. The critical resistance level to watch is 530.0, while support lies at 510.0. A potential long trade entry can be considered above 520.0, with short-term targets set at 525.0 (TP1), 530.0 (TP2), and 535.0 (TP3). To protect against downside risk, a stop-loss should be placed below 510.0.
Traders should monitor market conditions closely, as the MACD suggests a potential cooldown, but the overall trend remains bullish with opportunities for upward movement. Tight risk management is essential in this setup.
