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$BCH DodoDodo 📈
BCH short-term trend shows a bottoming out and rebound pattern, with the price stabilizing above the middle band, KDJ turning upward from low levels, and trading volume gradually increasing. Short-term bullish sentiment is warming up, and the rebound momentum is sufficient.
The escalation of tensions between the US and Iran, coupled with a surge in gold and silver prices, has led to capital flowing into safe-haven assets, driving a general recovery in the crypto market. BCH is following the trend and rebounding accordingly.
Technical analysis on the 1-hour chart: The BOLL middle band support is effective, and the KDJ is forming a golden cross upward.
First target: 506.98
Second target: 555.89
Stop-loss target: 451.91
$BTC c $ETH