Entry Zone: $248–$253
Stop-Loss: $241
Take Profit:
🎯 TP1: $258
🎯 TP2: $265
🎯 TP3: $272
BCH is testing an important support region after rejecting higher levels. Recent technical analysis identifies the $250 area as a key near-term support, while $256–$263 remains an important resistance band.
The setup favors a controlled long if BCH holds above $248–$250 and buyers return with improving volume. A reclaim of $256 would provide stronger confirmation and open the path toward the higher targets.
Invalidation: A decisive break below $241 would indicate that support has failed and cancel the long setup.
⚠️ Wait for confirmation rather than chasing the move.
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