โก $BCH /USDT โ PoW Revival or Temporary Pump? ๐งจ๐
$BCH is up +8.25% at $450.20, smashing resistance on surging volume and sitting near its 24h high of $462. Is this the start of a bigger move, or just a spike into overbought?
๐ Market Overview
๐ Current Price: $450.20
๐ 24h High: $462.00
โ๏ธ 24h Low: $413.60
๐ธ 24h Volume (BCH): 111,403.63
๐ฐ 24h Volume (USDT): $48.71M
๐ Key Indicators
๐ Moving Averages:
MA(7): $448.20
MA(25): $435.60
MA(99): $404.80
๐ RSI (6): 74.3 ๐จ (Overbought zone!)
๐ Volume: 282.55K
๐ MA(5) Vol: 4.80K | MA(10) Vol: 4.51K
๐ BCH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (Trend Continuation):
Entry: Break and hold above $462
Targets: $478, $496
Stop-Loss: $444
๐น Bearish Scenario (Rejection & Retrace):
Entry: Breakdown below $428
Targets: $413, $390
Stop-Loss: $456
๐ Analysis:
โ Trading above all major MAs = Bullish structure
๐ RSI > 70 โ strong momentum, but due for cooldown
๐ Volume building up confirms strength
๐ก Pro Tip:
If youโre long, consider taking partial profits near $462, and reload on any dip to the MA(25) region. A clean breakout above $462 on rising volume could open the door to $500+.
๐ฅ Proof-of-Work is alive โ and BCH is making a statement. Donโt chase late!
๐ฌ Whatโs your BCH target this cycle?
๐ Share this if youโre stacking or scalping $BCH!