$BCH /USDT – Pullback in Action
Bitcoin Cash is trading at $587.3 (-1.34%), after hitting a 24h high of $597.8 and low of $580.1. Volume stands at 28,605 BCH / 16.85M USDT.
Key Levels:
Resistance: $608.4 – $619.0 – $627.2 – $629.7
Current Price: $587.3
Support: $587.3 – $578.9 – $576.4
RSI(6): 35.4 → Near oversold
Setup:
Buying Zone: $578 – $587
Profit Zone: $608 – $619+
Stop-loss: Below $575
Market Outlook: BCH is testing a key support area with RSI near oversold. If bulls defend $580, a bounce towards $608–$619 is likely. Failure to hold may drag price under $575.
Tip: Don’t rush entries — let the support confirm before positioning. 🎯