$BCHUSDT — Intraday Consolidation Before Next Move
$BCH is trading around 509.9, down ~0.8% on the session after a volatile intraday swing. Price saw a sharp rejection from 520.8, followed by a quick flush into 503.9, and is now stabilizing back near the 510 area. Mark price sits at 509.86.
24h range: 503.95 – 523.93
24h volume: 278.7K BCH ($143.6M USDT) — liquidity remains healthy.
On the 15-minute structure, BCH is attempting a choppy recovery but remains capped below 510.5 intraday resistance. Volatility is compressing, suggesting a directional move may be approaching.
Key Levels
Bullish trigger: Clean break & hold above 514 → opens a move toward 520.8 and the session high at 523.9
Support to watch: 506.8
Bearish scenario: Loss of 506.8 → downside pressure resumes, bears regain control
For now, BCH is in wait-and-react mode. Compression favors a breakout, but confirmation is needed. Let price show direction before committing.
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