To all my followers, stay calm and read this carefully, it will guide you through the current market.
$BCH has been in a corrective phase and has just tested a strong support zone around 563–565, a level where buyers clearly stepped in. Price is now stabilizing above this area, which keeps the short-term structure safe. As long as this support holds, a relief bounce toward 590 and then 605 remains very possible.
If, however, 563 fails with strong selling pressure, the next solid support lies near 550, and that would be the level to reassess. On the upside, key resistance zones to watch are 590, 605, and 630.
This is exactly the phase where panic creates opportunity. I am watching BCH closely. Do not rush, do not panic, respect the levels, manage risk, and stay disciplined.
BCHUSDT
Perp
432.39
-1.40%