đ„ $BCH /USDT (4H) â Strong Move, Critical Zone!
Price: $495.1
Timeframe: 4H
Change: -0.02%
đ Technical Breakdown:
MA 7: $473.9 (strong dynamic support)
MA 25: $468.3
MA 99: $431.1 (long-term trend base)
đ Current Trend: Bullish momentum picking up â clear higher highs & higher lows forming since early June.
⥠Key Observations:
â
Golden Cross (MA 25 > MA 99) â confirms trend reversal
â
Breakout candle above local range near $490
â
Price bouncing cleanly off MA 7 â intraday strength
â Resistance: $500â510 zone from late May swing high
â Overextension risk if volume dries up near $500 psychological barrier
đ Strategic Zones:
LevelDescription$500â510Major resistance ahead$470â475Local support (MA 7 + breakout retest)$445â450Strong base + demand area
đ Momentum Outlook:
Short-Term: Bullish continuation likely if $500 breaks with volume
Mid-Term: As long as price holds above $470, pullbacks = buying opportunity
Risk: Sharp rejections around $500 may cause a fast pullback to $470
đ§ Final Thoughts:
This is the zone where bulls prove themselves. If $500 breaks cleanly and holds â we could see $525+ quick. But any rejection near this zone without volume = a trap setup.
đ Potential breakout.
đŻ Smart to trail stops tightly now.
đŹ Choppy zone incoming.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can flip hard â always trade responsibly!