$BCH

Current BCH/USDT price is $313.10, showing a maximum of $329.86 and a minimum of $290.88 in the last 24 hours.

Analysis and strategy:

1. Technical indicators:

• MA(7) = 314.23, MA(25) = 308.72, MA(99) = 309.96 → short-term trend may be positive.

• MACD indicator is above zero, but a weak signal.

• In the 15M timeframe, the last low price is $290.88, currently in the recovery phase.

2. What position should be taken?

• Short-term (scalp or intraday trading):

• If the price breaks the $316 level, a long (buy) position can be taken.

• Stop-loss: $308, take-profit: $323-325.

• If it drops below $310, a short position can be taken, stop-loss: $315, take-profit: $300.

• Medium-term (swing trading):

• Buy zone between $290-300, buying is recommended if it falls to these prices.

• Target price: $325-350.

Conclusion:

Currently, the price is in a weak bullish state, but if it consolidates above $316, going long would be better. Conversely, if it drops below $310, a short position can be taken. If you are trading for the longer term, buying around $290 may be a good opportunity.

Pay attention to risk management in your trades!