$BCH /BNB pair is showing signs of consolidation after a recent pullback. Here is a quick breakdown of what the chart is telling us:
Market Snapshot
Current Price: 0.9206 (+1.79%)
Trend: The price is currently squeezed between the MA(7) (0.9228) and the MA(25) (0.9199).
Support & Resistance: * Immediate support sits at the MA(99) (0.9105).
Resistance is holding firm at the recent high of 0.9394.
Technical Sentiment
The 15-minute candles show a "sideways" crawl. While the long-term moving average (purple line) is sloping upward—indicating a general bullish bias—the short-term momentum has flattened. Traders are likely waiting for a breakout above 0.9250 or a retest of the 0.9100 support level before the next major move.
Disclaimer: Not financial advice. Crypto markets are highly volatile.
BCH
478.8
-11.36%