🚨 Technical analysis for the currency $BCH | Daily frame

🔹 Current price: 458.50$ 📉 (-4.65% in the last 24 hours)

– It is moving within a neutral horizontal range without a clear direction, reflecting volatility and anticipation from traders.

– The price fluctuates between support and resistance areas without a clear determination of direction so far.

– The area 442.90$ – 436.10$ represents major support/demand.

– It is trading below level 50 at 44.31, reflecting current momentum weakness.

🔼 Positive scenario (upward):

In case of holding and breaking above 570.00$

🎯 570.00$ – 578.00$ – 647.36$

🔽 Negative scenario (downward):

In case of breaking 442.90$ with a daily close

❌ 442.90$ – 436.10$ – 383.77$

📌 Note: Breaking any of the major levels will determine the next direction.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.