📈 BCH Trades at $599 — Range Compression Before the Next Move
$BCH is trading around $599, sitting between a well‑defined support zone and a clear resistance band. The chart highlights a tightening structure, suggesting a potential breakout setup.
🔹 Key Levels from the Chart
Support $563–$580: Strong demand zone where buyers have consistently stepped in.
Resistance $630–$637: Major supply zone capping price on multiple attempts.
Mid‑Range $600: Current equilibrium level.
🔹 Market Structure
BCH is consolidating between two blue zones, forming a tight range.
A breakout above $630–$637 would open the door for a stronger continuation move.
A breakdown below $563 would shift momentum bearish and expose lower levels.
Price currently hovering near $600 signals indecision but also coiling energy.
📌 Outlook: $BCH is gearing up for a decisive move — reclaiming $630–$637 would trigger bullish continuation, while losing $563–$580 would invalidate the setup.
