$BCH — Bullish Breakout and Momentum Rebuild After Short-Term Consolidation
$BCH has reclaimed strong upward momentum after bouncing sharply from the 446 zone and breaking through the mid-range ceiling. The move toward 548.63 signaled renewed buyer strength, and the current consolidation above 528 shows the market holding its gains rather than giving them back. The structure remains bullish as long as higher supports stay intact.
Market Sentiment: Market sentiment around $BCH remains firm as buyers continue to absorb dips and hold price near the breakout region. Volume strength and higher-low formation point toward another attempt to expand upward if the 530 support band remains defended. Traders are watching for a clean move above 540 to reignite the next leg of momentum.$BCH
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$BCH — Bullish Breakout and Momentum Rebuild After Short-Term Consolidation
$BCH has reclaimed strong upward momentum after bouncing sharply from the 446 zone and breaking through the mid-range ceiling. The move toward 548.63 signaled renewed buyer strength, and the current consolidation above 528 shows the market holding its gains rather than giving them back. The structure remains bullish as long as higher supports stay intact.
Trade Setup
Entry Zone: 525 – 535
TP1: 548
TP2: 568
TP3: 595
Stop Loss: 508
Market Sentiment:
Market sentiment around $BCH remains firm as buyers continue to absorb dips and hold price near the breakout region. Volume strength and higher-low formation point toward another attempt to expand upward if the 530 support band remains defended. Traders are watching for a clean move above 540 to reignite the next leg of momentum.$BCH