$BCH /USDC just dumped hard -11.5% in 24h, hitting a low of ~480 before bouncing to 483. RSI(14) at 26.4 – deeply oversold, RSI(6) even lower at 14.3. Stochastic showing extreme oversold levels (K:26, D:38), MACD deeply negative but histogram bars shrinking – classic reversal setup after sharp sell-off.
Bollinger Bands squeezed then expanded down, price hugging the lower band – mean reversion likely incoming. Volume spiked on the drop, now fading – capitulation phase?
🚨 SHORT-TERM FORECAST: LONG $BCH /USDC NOW!
Oversold bounce play – enter around current levels ~483.
Entry: 483
Take Profit: 520 (first target, near recent support flip), extend to 550+ if momentum builds
Stop Loss: 470 (below 24h low for protection)
Risk-reward looks juicy 1:2+ if it reclaims MA levels. Don't fight the oversold momentum – smart money accumulates here!
Who's jumping in on this dip? Drop 🔥 if you're buying $BCH!
#BCH #BitcoinCash #CryptoTrading #Binance #Altcoins #CryptoDip #TradingSignals #BCHUSDC #Oversold #CryptoForecast