📉 $BCH /USDT Market Overview (Bitcoin Cash)

🪙 Current Price: $444.70

🔻 24h Change: -5.86%

⚡️ Category: Proof-of-Work (PoW)

Bitcoin Cash (BCH) is facing a notable pullback, testing near-term support after failing to hold above $470–$480 resistance.

📊 Key Market Metrics

MetricValue24h High$479.3024h Low$442.7024h Volume (BCH)160,729.45 BCH24h Volume (USDT)$73.54MCurrent Price$444.70

📉 Order Book Depth Highlights

Resistance LevelsSupport LevelsR3: $485.40S1: $442.70 (intraday low)R2: $476.40S2: $440.60 (weak zone)R1: $458.50S3: $430.00 (major floor)

🔍 Technical Snapshot

Trend: Short-term bearish, part of broader market correction.

Momentum: Weak — lower highs forming, breaking local support.

Structure: If $440–442 fails, $430–425 may be tested soon.

Volatility: Elevated but not spiking — still under control.

🎯 Trade Considerations

🧷 For Swing Traders:

Buy Zone: $425–$435 (watch for a reversal pattern).

Recovery Target: $465–$480 (prior local resistance).

Breakout Trigger: Above $485 → opens path to $500+.

⚔️ For Short Sellers:

Breakdown below $440 could give room to short to $425, but must monitor BTC movement for broader influence.

⚠️ Risk Notes

BCH is heavily correlated with BTC. If BTC continues below $100K, BCH may see sharper sell pressure.

PoW coins tend to lag recovery during high ETH/BTC volatility phases.

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