⚠️ THE $BCH WEDGE OF ANXIETY: The Make-or-Break Chart You CAN'T Ignore 📊 (Shocking Warnings)
The chart on $BCH is painting a picture of extreme tension! After a heroic rally to $510.7, the price is now jammed between the MA(25) resistance at $496.8 (pink line) and the MA(7) support at $486.1 (yellow line). It's forming a tight, low-volume consolidation wedge right after a major move.
Historically, these tight squeezes resolve violently. Which way will it break? On-chain data suggests a large batch of long-term holders acquired at $450 are sitting on decent profit, making a dump-risk high if we see $BCH dip below $480. We need to see a high-volume candle break above the MA(99) at $551.6 to confirm the next leg up!
What is your price target if this wedge breaks UP? 👇