$BCH holding steady after a bounce—next move could be decisive!
$BCH is currently trading at $354.1, down slightly by -1.86%, but still maintaining higher lows after a recovery from the day’s bottom of $343.3. Bulls are showing signs of strength, but the price is now testing key resistance around the $356 zone.
Key Levels to Watch
Resistance:
• $358.0 – Immediate breakout target
• $364.5 – Mid-range resistance
• $368.7 – 24H high and top barrier for continuation
Support:
• $352.0 – Short-term support zone
• $348.0 – Critical level if weakness returns
• $343.3 – Daily low and must-hold bottom
Trade Setup
Bullish Scenario:
• Long above $356 with strong candle close
• TP1: $358.0
• TP2: $364.5
• TP3: $368.7
Bearish Scenario:
• Short if $352 fails to hold
• TP1: $348.0
• TP2: $343.3
Stop-Loss Guidance:
• For longs: below $351.0
• For shorts: above $356.5
Conclusion:
$BCH is at a tight decision point—watch for a clean breakout above $356 or breakdown below $352 to confirm the next trend. This setup is ripe for volatility—be ready to act.
