$BCH |September 16 TradeyAI Evening Market Analysis
Friends, the current price is $590.9, fluctuating between ≈587 and 605 in the past 24 hours, consistent with our script of "if we can’t hold 602, we’ll retrace." Let’s take a sip of water before charging ahead.
📍In one sentence: Stay bullish but not reckless—don’t propose under the ceiling, break through before calling YYDS!
📊Market translated into plain words:
🛏️Support levels: $589, $585, and $578 (anti-slip mat → bed base → lifesaver).
🍬Resistance levels: $596, $602, and $608 (ceiling → drywall → load-bearing beam).
📉15-minute line: Minor consolidation testing the waters.
🕐1-hour line: Retracement at the upper edge, waiting for a jump.
🔥4-hour line: The upward slope remains intact, acceleration upon volume.
📅Daily/Three-day line: Stability above $602 is respectable; weak volume = “kidney deficiency.”
💥Contracts: Funding rate ≈ +0.01%/8h leaning bullish; total network OI ≈ $346 million; 600 and 580 are easy to spike, stay away from the liquidation line.
🎯Operation suggestions:
Buy low at $589 to $586 in small batches, withdraw if breaking $585; increase positions after surpassing $596 to $602, target $608 to $615, move stop-loss up; if it drops back to $578, don’t hold on stubbornly, wait for a bounce after "playing dead."
Summary and call to action:
Brothers, the key phrase is four words—stay bullish but not reckless! Give a thumbs up casually, share with friends; comment below: are you from the “buy low camp” or the “breakthrough camp”? Additionally, the reduction of burden for USDT against BCH to SLP old chain has been executed, with a neutral impact on the main chain spot market, don’t be scared by clickbait.#BCH #BCHUSD #BCH太子 #TradeyAI
