$BCH /USDC – Market Overview
$BCH is currently trading around 592 USDC, posting a strong daily advance after rebounding sharply from the 530–540 region. On the daily timeframe, price action shows a clear momentum shift, with buyers stepping in aggressively following the recent pullback from the 607 high. The structure now reflects a series of higher lows in the short term, suggesting renewed demand and improving sentiment. Volume expansion during the rebound supports the view that this move is driven by participation rather than a weak technical bounce.
From a technical perspective, 545–530 now acts as a key support zone; holding above this area keeps the bullish continuation scenario intact. Immediate resistance lies near 605–615, where price previously stalled, and a clean break above this zone could open the path toward higher levels. If rejection occurs, consolidation above support would still be constructive. Overall, BCH has shifted into a short-term bullish bias, outperforming many peers, with structure favoring continuation as long as demand holds above key support.