🔻 $BCH /USDT – Bearish Rejection Near Resistance!
Back Below $410 – Eyes on $395 Support Zone
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Current Price: $406.3
🔻 24h Change: -4.04%
📊 24h High: $424.2 | 24h Low: $396.5
📈 24h Volume: 32,216 BCH | $13.22M USDT
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📉 Market Snapshot:
Bitcoin Cash has dropped sharply after facing rejection from the $424 resistance. It's now hovering near a critical support zone at $396–$395. A breakdown here could trigger further downside.
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📌 Key Technical Zones:
Resistance: $415 – $424
Support: $395 – $396.5
Breakout Level: $425+ (for bullish continuation)
Breakdown Level: Below $395 (could hit $375)
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📈 Bullish Reversal Setup:
Entry Zone: $396 – $405
Targets:
TP1: $415
TP2: $422
TP3: $432
Stop Loss: $389
📉 Bearish Breakdown Setup:
Short Entry: Below $395
Targets:
TP1: $384
TP2: $375
TP3: $362
Stop Loss: $408
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💡 Pro Tip:
Volume dropping with price = weak bullish hands. Only enter long if $395 holds on strong demand. Watch for fakeouts near key levels.
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📣 Will $BCH hold the $395 line or dive deeper?
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