$BCH is showing a bullish breakout-retest setup after a powerful 4H expansion from the $265 area toward the $350.19 high.
Buyers have clearly taken control, but the move is extended, so a pullback toward the breakout shelf offers better structure than chasing the current high.
EP: $330–$337
TP1: $346
TP2: $350
TP3: $357
SL: $322
The $326–$330 area is the key breakout/retest zone, while $350.19 represents nearby buy-side liquidity. If BCH loses $322 on a 4H closing basis, the breakout structure would be weakened and this long setup becomes invalid.
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