$BCH /USDT – Pullback After Hitting Resistance
$BCH is trading at 589.8 USDT, down 1.21% today. Price failed to hold above 629.8 and slipped back, now sitting just above the 583.6 low.
Volumes are heavy (147K BCH / 89.27M USDT), showing this drop isn’t happening on thin trading. On the daily chart, momentum has cooled, and sellers are defending higher levels.
If BCH can get back above 600, bulls could push toward 615–630. But a break under 583.6 opens the door to 570–560.
• Bias: Weak below 600.
• Watch: 583.6 support.
• Trade Idea: Short if 583.6 cracks, long only if 600 is reclaimed.
Key Levels
Resistance: 600, 630
Support: 583.6, 570
Bottom line: $BCH ran into resistance and lost steam. Bulls need to take back 600 or sellers keep the edge.
