🚨 $BCH /USDT – Gearing Up for $510+ or Losing Steam? ⚒️📉
#Bitcoin Cash is holding steady at $497.6 (+1.51%), showing resilience after testing the $488.8 low. With RSI slightly bearish and MACD compressing, will BCH push past resistance—or slide back under $490?
📊 Market Overview
📍 Current Price: $497.6
📈 24h High: $508.9
❄️ 24h Low: $488.8
📊 Indicators
Parabolic SAR: Slightly bullish—SAR nearing price
MACD Momentum
• DIF: Flattening
• DEA: Trending sideways
• MACD Histogram: Fading = momentum pause
RSI (6): 42.2 (Weak bullish zone—needs volume confirmation)
📈 BCH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BCH Holds Above $486.0):
Entry: Above $500.0
Targets: $510.5, $525.0, $540.0
Stop-Loss: $472.0
🔹 Bearish Scenario (If BCH Breaks Below $472.0):
Entry: Below $472.0
Targets: $459.0, $448.0, $435.0
Stop-Loss: $500.0
🔍 Should You Hold or Sell?
✅ Price above $486 = bulls defending short-term support
✅ Room to rally if $510 breaks with momentum
⚠️ RSI below 50 + fading MACD = caution if $486 fails
💡 Pro Tip
📈 $510–$513 is key resistance—a strong candle + volume could signal breakout to $525+
⚠️ Weak reaction = possible fakeout → be patient, don’t chase
📢 Are you riding the BCH wave or waiting for stronger confirmation?
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