\#BitcoinCash \$BCH faces bearish pressure as trading volume spikes 📉
currently at \$578.4 🔻 with a -0.28% dip in 24h while volume jumped to \$42.01M 📊 a 328% surge showing high market activity and volatility ⚡️
highlights
price \$578.4 💵
24h volume \$42.01M 📈 +328%
price change -0.28% 🔻
RSI 14 neutral 😐 market indecision
funding rate -0.013% slight short pressure 🐻
EMA50 and EMA100 trending down 📉 bearish sentiment
BTC RSI 54.25 neutral momentum ⚖️
market outlook
slight decline but strong participation from bulls and bears 🐂🐻
negative funding shows shorts slightly dominant ⛔️
a breakout possible if momentum shifts 🚀
break above \$590 may retest \$605 resistance 🔺
continued selling could push support near \$560 🔻
