
🚨 BCH: BUYERS ARE DEFENDING THE RECOVERY.
BCH trades near $288, consolidating after a rebound from $255.90.
📊 Daily signals:
- Price above MA10 ($283.43) and MA20 ($279.91).
- RSI near 53 — mildly bullish momentum.
- MA5 at $288.04 shows immediate resistance.
- Supertrend at $318.24 keeps the broader trend cautious.
Key levels:
- Support: $280 → $256
- Resistance: $298 → $305
My take: BCH structure is improving, but a breakout above $305 is needed for stronger bullish confirmation. Losing $280 could weaken the recovery.