$BCH

🚨 BCH/USDT Technical Analysis: Key Levels & Strategy 🚨

📊 Current Price: $518.7 (-5.33%)

BCH is rebounding from a sharp drop, showing signs of recovery after hitting a 24H low of $494.1. Buyers are stepping in, driving the price upwards toward key resistance levels.

🔑 Support & Resistance:

Support: The $494.1 level acts as a strong safety net where buyers have consistently entered the market.

Resistance: The immediate challenge lies at $525.5, with a more critical hurdle at $562.4 (24H high).

🎯 Entry Strategy:

Bullish: Look for a breakout above $525.5 with strong volume to confirm upward momentum. This could pave the way for a move toward $540 or higher.

Bearish: Watch for a rejection near $525 or a break below $508 to consider short opportunities targeting the $494 range.

🔥 The market is heating up—will BCH hold its ground or test new lows? Stay sharp and trade wisely!

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