$BCH (4H) — Pressing Into a Familiar Ceiling
BCH is trading near $532, testing a resistance zone that has consistently attracted sellers in prior attempts. Each visit to this area has produced a reaction, and current market structure suggests that supply is still active here.
On the downside, key levels are clearly defined:
$509.8 as the first area of support
$465.5 as a deeper demand zone if selling pressure builds
The higher-probability scenario remains a push into resistance followed by stalling or rejection, which could send price back toward $509, with $465 in focus if downside momentum expands.
Until BCH can reclaim and hold above this resistance with strength, the 4H bias stays cautiously bearish, with sellers continuing to defend the highs.
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