Hami52

#BCH /USDT Technical Analysis & Signal
The 1H and 4H charts show BCH rejecting the $490 resistance, creating a potential "Double Top" or localized "Lower High" on the 1H timeframe. While the 4H trend remains bullish (trading above MA30), a short-term retracement is likely before the next leg up.
trade Setup (Short-Term Retracement)
Entry Zone:$455.00 – $463.00 (Wait for a retest of the MA30 support on the 4H chart).
Stop Loss (SL): $445.00 (Below the recent swing low and MA10 support).
TP 1:$478.00 (Immediate resistance)
TP 2: $485.00 (Psychological level)
TP 3: $495.00 (Breakout target)