➖➖➖➖➖➖➖ $BCH on the 4H timeframe is now trading around $485, reacting inside a strong demand zone between $478 and $490. After the sharp rejection from the $580 region, price retraced aggressively and is now testing a level that previously acted as consolidation support.
As long as BCH holds above $478, this area remains a short-term stabilization zone. A clean breakdown below $475 would expose the next liquidity pocket toward $460–$445. On the upside, reclaiming $510–$520 is required to shift momentum and invalidate the current bearish pressure. #BuyTheDipOrWaitNow? #BCH $BCH
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MARKET UPDATE: $BCH H
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$BCH on the 4H timeframe is now trading around $485, reacting inside a strong demand zone between $478 and $490. After the sharp rejection from the $580 region, price retraced aggressively and is now testing a level that previously acted as consolidation support.
As long as BCH holds above $478, this area remains a short-term stabilization zone. A clean breakdown below $475 would expose the next liquidity pocket toward $460–$445. On the upside, reclaiming $510–$520 is required to shift momentum and invalidate the current bearish pressure.
#BuyTheDipOrWaitNow? #BCH $BCH