๐ฅ $BCH Short-Term View (1H) ๐ฅ
$BCH is cooling off from recent highs but holding strong above key support ๐ช. Trend stays bullish ๐, likely just a pause before the next push.
๐ Volume check: Strong spikes on the move from 598 โ 625 show real buyer interest ๐ข. Latest candle volume is tiny โ looks like healthy consolidation, not weakness ๐ด.
๐ฐ Capital flow: Inflows remain solid on 1H / 2H / 4H โฌ๏ธ. Small 5m outflows = minor profit-taking, nothing serious. Spot inflows confirm real buying ๐ฆ.
๐ฏ Long idea:
Buy the dip near 602โ607 ๐
Or wait for a clean breakout above 625 with volume ๐
โ ๏ธ Donโt chase โ short-term is a bit overbought.
๐ SL: 3โ4% below entry, around 585โ594
๐ฏ TPs: 633 โ 649
Patience here = better entry ๐

BCH
602.2
+3.66%