$BCH #bchusdt #analysis

📊 BCHUSDT.P Technical Analysis

📅 Date: Fri 04 Apr '25

⏱️ Timeframe: 1D (Daily)

💰 Current Price: $299.73

📉 RSI (16): 40.98 → Weak momentum, nearing oversold

🔷 Major Resistance Levels

[310 – 318] → Strong sell zone

[330] → Breakout level to watch

🔽 Major Support Levels

[290 – 293] → Near-term support

[289] → ⚠️ Final Cut Line

If this level breaks, expect a quick drop to [275 – 270]

📌 Summary

BCH bounced but facing rejection from resistance

Still inside a sideways range [293 – 310]

Bulls need to reclaim $318 to regain control

Bears take over if $289 fails

📍 Current View:

“As long as BCH trades between $293 – $310, market remains neutral.

Break above $318 = bullish,

Break below $289 = bearish slide.”