🔥 $BCH Chilling in Consolidation, But Bulls Are Warming Up
it's that classic sideways shuffle right now, but with a sneaky bullish edge that's got me leaning in. No fireworks, just quiet building pressure, and honestly, after the recent drama, it feels like the setup's ripening for a nudge higher. Quick dive into why I'm sizing up a long play without going overboard.
*Volume Pulse:
Latest candle's barely breathing at 123K volume—night and day from those earlier beasts like 791K or 481K that fueled the run to 624. Small body, low action? Screams indecision and cooldown mode, the kind where everyone's catching their breath before the next sprint. Those past vol spikes synced with real moves, so yeah, I'm watching for a pickup to greenlight any breakout.
*Flow Breakdown:
Bigger picture's looking solid: contracts net +8.78M over 24H and +5.78M in 4H—smart money's stacking longs, no question. Spot's chiming in too with +3.1M daily inflows, backing the buy-the-dip crowd. Flip to 1H though, and it's -2.4M... some quick scalpers trimming profits amid the pullback from those 600 peaks. Short-term noise, but the trend's got legs.
*My Cautious Long $BCH : all the way—MA's lining up bullish, longer flows are pumping, and price is glued above support. That MACD/KDJ dip? Meh, low vol says sellers are tapped out. Poised for a revisit to highs, IMO.
- *Entry Sweet Spot: Hang for a shallow dip to 575–580 (sits pretty on the MA bunch and BOLL middle). Or get feisty on a clean break/close over 590 to confirm the push
- Stop Guard: Drop it under 560 (nails the 24H low and MA20 at 575-ish).
- Profit Zones $BCH : First bite at 600–605 (24H top and round number psych). If it vibes, chase to BOLL upper ~614. Crack 614? Doors open to Resistance at 660—bonus territory.
