$BCH
Entry 585 to 600
SL 565
TP 628
My opinion
BCH just broke out with a clean strong candle. Buyers pushed hard from the lower zone and the chart finally looks alive after moving sideways for many days.
Market behaviour
Price has been stuck between 517 and 558 for a long time but this breakout shows fresh energy. Dips toward 590 are getting bought fast which tells you momentum is shifting in favour of buyers.
Key risks
If BCH drops under 575 with heavy red candles the breakout becomes weak. Long upper wicks near 600 show sellers still testing the move. A sudden pullback in BTC can also hit BCH very quickly.
Best move for holding or exit
Holding is fine as long as BCH stays stable above 585. A clean exit sits around 628 because that area has old pressure. If candles slow down early you can trim around 615.
If the plan breaks then watch this
If BCH slips under 565 then look at the 545 to 550 zone for a safer re entry. That level has acted as support before and can offer a cleaner bounce if the market settles again.
