$BCH ‌

Current Price: ~$597
24H Change: +9.8%
BCH is showing strong bullish expansion after a clean impulsive move from the ~$573 demand zone. The structure has shifted bullish, and price is now holding near highs instead of dumping — a healthy sign.

On the 1H timeframe, we can clearly see strong bullish candles, followed by a shallow consolidation below resistance, indicating continuation momentum rather than exhaustion.

Market Structure Insight

Clear higher high & higher low

Breakout above intraday resistance (~590)

Small pullbacks → buyers still in control

Volume expanded on the push (very important)

This looks more like a bull flag / continuation zone than a top.

Trade Setup (Risk-Defined)

Entry Zone:
$590 – $595 (best on minor pullback or candle confirmation)

Target 1 🎯:
$605 (previous wick / psychological level)

Target 2 🎯:
$620 (structure extension & momentum target)

Target 3 🎯:
$640 – $650 (if market accelerates)

Stop Loss 🛑:
$578 (below structure + invalidation level)

Scenario Outlook

Above $600 with volume → continuation likely

Lose $578 → setup invalid, reassess

If the $600 breakout is taken with solid volume, BCH can easily expand into a strong trend leg, opening the door for much higher continuation targets.

#JoinGrowthPointsDrawToWiniPhone17 #DecemberMarketOutlook #PostonSquaretoEarn$50 #DecemberRateCutForecast #SpotETFApprovalUpdates