$BCH /USDT – Rejection from $378, Downtrend in Play
After hitting a high of $378, BCH has started pulling back with strong red candles. This signals increasing selling pressure and a potential short-term downtrend.
Current Price: $361.1 (-0.39%)
24h High: $378.0
24h Low: $360.6
24h Vol:
BCH: 60,880.45
USDT: 22.55M
If the price breaks below $360, it could drop further toward the next support zones near $355 and $347. Traders should be cautious — wait for confirmation before entering long. Right now, short setups are more favorable.
Trend: Bearish
Strategy: Watch $360 level — breakdown could trigger further downside.
