🔥🚀$BCH /USDT – 1H Technical Analysis Update
📉 Current Price: $497.5
🔺 24H High: $505.5
🔻 24H Low: $484.2
🕒 Timeframe: 1 Hour
---
🔍 Chart Analysis
Resistance Tested: BCH faced resistance at $507.3, failing to break higher and retracing.
Support Bounce: The price bounced from a low near $479, showing buying interest at that level.
MACD:
DIF (2.3) just crossed above DEA (2.0) – a bullish crossover, signaling potential upward momentum.
Williams %R: Currently at -37.6 – moving away from oversold zone, indicating bullish recovery but not overbought yet.
---
⚠️ Key Technical Levels
Immediate Resistance: $502.5 → $507
Support Zone: $490 → $484
Bullish Confirmation: Sustained move above $505
Bearish Signal: Drop below $490 could trigger more downside
---
📊 Market Sentiment
The market shows signs of short-term recovery, but still needs stronger volume and confirmation above key resistance to continue bullish momentum.
Would you like a Binance-style post with target levels next?
#USCorePCEMay #BTC110KToday? #BinanceTGEXNY #SaylorBTCPurchase #USNationalDebt