$BCH /USDT is moving in a tight range and tension is building again.
Price is hovering around 592.8 after rejecting the 600–601 zone earlier. The drop was controlled, not panic-driven, and buyers are still defending the lower band near 588.5–590. That area is acting as short-term demand.
On the 15m timeframe, price is trading below MA25 and MA99, keeping short-term pressure slightly bearish. MA7 is flat, showing indecision rather than momentum. The MA99 above near 598–600 continues to act as a heavy ceiling.
Volume remains moderate, no aggressive selling or buying, which usually hints at a range before a directional move. The market is waiting.
Key levels to watch closely: Support: 590.0 then 588.5
Immediate resistance: 596.2
Major resistance: 599.6 to 602.9
If BCH holds above 590 and reclaims 596 with volume, a push back toward 600+ is possible. A clean loss of 588.5 would expose the downside for a deeper pullback.
This is a classic patience zone. The breakout will matter more than the noise inside the range...
