Here’s a technical breakdown for $BCH /USDT based on the data you provided:

---

📊 Current Market Snapshot

Price: $591.4 (+5.10%)

24h High / Low: $608.0 / $550.6

24h Volume: 66,368 BCH (~$39M USDT)

Market Type: POW coin (Proof-of-Work)

---

🔎 Trend & Moving Averages

MA(7): 562.0 → Short-term support forming around this level.

MA(25): 434.6 → Mid-term trend remains bullish, far below price.

MA(99): 385.8 → Long-term trend strongly bullish.

Conclusion: Price is trading well above all major MAs → strong bullish momentum.

---

📈 Key Support & Resistance

Immediate Resistance: $608 (recent high).

Next Target if breakout: $640 → $659.6 zone.

Supports: $562 (MA 7), then $487.7 and $401.7 as deeper levels.

---

📉 Volume & Market Strength

Volume: 183K BCH, showing strong buying activity.

MACD / Momentum: Likely bullish (since price is far above mid-term averages).

RSI: Not provided, but given +5% daily rise and strong volume, it could be near overbought.

---

📌 Summary

Short-term: Bullish trend, watch for breakout above $608 → potential rally to $640–$660.

Mid-term: As long as BCH stays above $562 (MA 7), trend remains intact.

Risk: If price falls below $562, next support is $487.

🚀 Bias: Bullish, but caution if overextended (possible pullback after testing $600+).

---

Would you like me to also run a candlestick#BNBATH900 pattern analysis on recent moves (15m/1h/4h) to spot if BCH is showing reversal or continuation signals?#HEMIBinanceTGE