24h Change: +19.921%
$BCH Key Support 4H: 471.17 USDT
Key Resistance 4H: 572.40 USDT
Current Trend: Strongly Bullish
๐ Technical Indicators Synthesis:
1. Volume Analysis: Recent 4h candles show expanding volume during upward moves, confirming genuine buying interest. The 24h volume of demonstrates strong market participation.
2. Capital Flow:
Massive net contract inflows (24H: 60.56M USDT, 4H: 21.03M USDT) indicate institutional money entering positions.
Spot flows show moderate positive accumulation (24H: 3.43M USDT), supporting the bullish thesis.
3. RSI: Overbought but not diverging. While RSI shows overbought conditions on shorter timeframes, the absence of bearish divergence suggests momentum remains intact.
๐Trading Decision
Direction: Aggressive LONG (Momentum Trend Capital Flow alignment)
$BCH Entry Strategy:
Entry: Pullback to 535-540 USDT
Stop-Loss: 520 -525 USDT
$BCH Take-Profit Targets:
TP1: 594 USDT
TP2: 621 USDT
Risk Note: The 24h rally of 19.9% suggests potential for short-term consolidation. Use proper position sizing (recommend 3-5% capital allocation) given the elevated volatility environment. Monitor for any reversal signals.
