$BCH is trading around $205โ$207, and the short-term trend is bearish. Itโs down roughly 8โ10% on the day and about 30% over the past week, showing strong selling pressure.
Support: around $200 is the key near-term level to watch.
Resistance: around $230โ$233. A reclaim above that would be a better sign for bulls.
Bias: momentum is still weak, so BCH looks more like a wait-for-confirmation setup than a strong buy right now.
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