$BCH is currently moving in a sideways consolidation near $563, showing indecision after the recent push toward $570 resistance. The SAR indicator above price signals short-term weakness, while support around $559–$560 remains critical.
If BCH holds above $560, buyers may attempt another move toward $570 and potentially $585. However, losing this support could trigger a deeper pullback toward $550.
Trade Setup:
Entry: $560 – $564
Stop Loss: $552
Take Profit 1: $570
Take Profit 2: $585
Price is in a key range, and breakout direction will define the next trend move.