$BCH Trading volume for the day is almost $24 million USDT, which indicates strong demand, but the price has still fallen by almost 11%.
The current price is 307, slightly above the minimum of 305, but significantly below resistance at 347.7; RSI 20.3 indicates oversold conditions.
If the price breaks above 347.7, further upside could reach 380, but if it drops below 305, additional correction is possible.
Volatility remains high, with the risk of unpredictable moves. #Binance