📊 BCH/USDT— Breakout Watch: Eyes on $562–$565 Bitcoin Cash
CryptoMagaKing
Updated at: 4 hours ago
{"content":"📊 BCH/USDT— Breakout Watch: Eyes on $562–$565
Bitcoin Cash ($BCH) is showing steady momentum on Binance, currently trading in the $550–$560 range. After reclaiming key support in the $543–$548 zone, BCH is testing short-term resistance at $562–$565.
A clean breakout above $565, backed by rising volume, could open the door to targets at $575–$590. On the flip side, failure to hold above $543 may trigger a deeper pullback.
With 24h trading volume above $200M and market cap around $11B, liquidity remains strong — but volatility is high. Traders should watch BTC’s direction closely and manage risk with disciplined stop-losses.
🔑 Levels to watch:
Support: $543–$548
Resistance: $562–$565 → next $575–$590
Momentum: Neutral, bias turns bullish if breakout confirms.
⚠️ Not financial advice. For informational purposes only.
#BCH #bchusdt #CryptoRally #MarketPullback
$BCH
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