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$BCH /USDT – Support Break or Bounce Incoming? ⚠️📉
$BCH is down -3.06%, currently trading at $564.5 after failing to hold above $587. Can buyers step in here, or will we see a deeper pullback? Let’s analyze!
📊 Market Overview
📍 Current Price: $564.5
📈 24h High: $587.1
❄️ 24h Low: $560.3
🌀 Parabolic SAR: $560.3 (Key support level under pressure)
📉 MACD Momentum
DIF: -3.15 (Bearish momentum growing)
DEA: -2.05
MACD: -2.20 (Bearish crossover confirmed)
📈 BCH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BCH holds above $560)
Entry: Above $570
Targets: $588, $608, $614
Stop-Loss: $536
🔹 Bearish Scenario (If BVH breaks below $560)
Entry: Below $560
Targets: $536, $510, $490
Stop-Loss: $570
🔍 Hold or Sell Analysis
⚠️ MACD is bearish—momentum still with sellers
✅ Holding $560 support is critical for bulls
⚠️ Breakdown below $560 could open further downside to $536–$510
💡 Pro Tip
📉 Avoid rushing in—wait for confirmation of a bounce above $570
🚀 Reclaiming $588 with strong volume could flip short-term trend bullish
📢 Are you buying the dip on BCH or staying cautious? Drop your strategy below!
🔥 LIKE & SHARE if you’re trading BCH with discipline!
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