๐ BCH/USDT โ Quick 4H Analysis
BCH just made a massive bounce from $446 support and shot straight into the upper Bollinger Band, showing strong bullish momentum. ๐
But right nowโฆ
Price is sitting near $563 resistance, where candles are starting to slow down. That means:
โ Bulls are strong
โ But resistance is also strong
If BCH breaks and closes above $563, next target could be:
๐ฏ $590 โ $605 zone
If it rejects again, it may retest:
๐ป $517 โ $500
MACD is still bullish, showing momentum is in buyersโ favor.
BCHUSDT
Perp
553.9
+9.05%