$BCH is currently facing resistance near the $500 zone, with the price getting rejected after testing this key supply area.
This zone has historically acted as a major supply region, and due to the ongoing war, sellers are stepping in aggressively.
From a technical perspective, based on the Fibonacci level and previous support, the $400–$420 range is a strong demand zone, and it's possible we could see a retest of this area.
DYOR, NFA
