$BCH saw a major long liquidation near $598.4, flushing aggressive leverage after rejection from the upper range. Despite the size, this move signals a reset—not structural failure. Key support is now positioned at $560–$575, a high-confidence demand zone where buyers previously defended price strongly. Holding above this area keeps the broader bullish structure intact. Immediate resistance stands at $625, followed by a major supply zone near $670. A confirmed reclaim above $625 would activate the next upside target at $710, with extension toward $760 if momentum rebuilds. Failure to hold $560 would expose $520 as the next downside liquidity pocket. Volatility remains elevated—confirmation is critical.
BCHUSDT
Perp
596.72
-0.48%