$BCH / USDT – Consolidation Under High Leverage
$BCH is trading at $559.7 after a 0.53% decline, with $12.24M in 10x leveraged exposure increasing volatility risk. The drop is minor, indicating consolidation rather than structural weakness.
A strong break above $580 could trigger renewed bullish momentum.
Potential Entry Zone for Buyers:
$535 – $550
Upside Targets:
• Target 1: $590
• Target 2: $630
• Extended Target: $680
Protective Zone:
Stop-Loss: $510
Market Bias: Neutral
BCH
561.5
-2.04%
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