$BCH CONTINUES TO SLIDE – CRUCIAL LEVELS APPROACHING
$BCH/USDT is trading at $397.8, extending its downtrend with minimal signs of reversal. Price is testing key support with weak buying interest, while resistance builds overhead.
Key Technical Levels
• Resistance:
• $400.0 – First resistance to clear
• $403.5 – Mid-level supply zone
• $407.5 – Strong resistance region
• Support:
• $397.0 – Immediate support
• $392.0 – Next key downside target
Bullish Targets (if reversal begins):
• TP1: $400.0
• TP2: $403.5
• TP3: $407.5
Bearish Targets (if weakness continues):
• TP1: $395.0
• TP2: $392.0
A close above $400.0 may ease the pressure short term. But if $397.0 breaks, expect continuation toward lower support zones. Sellers still have control.