Markets· ★★· bearish·

BCH at $271.31 Tests Support as RSI Sits at 41.7 and MACD Stays Bearish

  • —Price of $271.31 sits below SMA-7 ($291.01) and SMA-90 ($248.50)
  • —RSI at 41.7 and negative MACD histogram point to weak momentum
  • —Volume of $218.71M is 27.34% below the 30-day average
  • —Fibonacci 61.8% support at $262.11; intraday low at $269.34
Why it matters: BCH remains under pressure on thin volume; holding $262 will determine whether the decline continues.
#BCH
Source: DiarioBitcoin
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