📉 BCH Bearish: Rebound Faces Resistance; Watch 244 Support
Verifiable snapshot at midday on November 8: BCHUSDT around 247.37, down 6% in 24 hours; OI around $69.2 million, down 0.9%; funding rate −0.0279%. Price remains weak, while the negative funding rate also signals a risk of a short-squeeze rebound. Data (https://seandra.ai/perp/bch)
24-hour futures trading volume was around $81.63 million; spot 1-hour RSI was 29.4, and MACD remained below the zero line with a negative histogram—oversold conditions have yet to confirm a reversal. Taker buy/sell volume could not be verified. Volume (https://kodexius.com/data/crypto-derivatives/BCH)｜Indicators (https://closedcandle.com/coin/bch/indicators)
Over the next 4–24 hours, the bias is for a further decline after a rebound: support at 244, with 240 in sight if it breaks; resistance at 250–252. If the hourly candle holds above 252 on increased volume, the bearish view is invalidated, with 260 as the next upside target.
#BCH #BCHUSDT #合约行情 #TechnicalAnalysis
Verifiable snapshot at midday on November 8: BCHUSDT around 247.37, down 6% in 24 hours; OI around $69.2 million, down 0.9%; funding rate −0.0279%. Price remains weak, while the negative funding rate also signals a risk of a short-squeeze rebound. Data (https://seandra.ai/perp/bch)
24-hour futures trading volume was around $81.63 million; spot 1-hour RSI was 29.4, and MACD remained below the zero line with a negative histogram—oversold conditions have yet to confirm a reversal. Taker buy/sell volume could not be verified. Volume (https://kodexius.com/data/crypto-derivatives/BCH)｜Indicators (https://closedcandle.com/coin/bch/indicators)
Over the next 4–24 hours, the bias is for a further decline after a rebound: support at 244, with 240 in sight if it breaks; resistance at 250–252. If the hourly candle holds above 252 on increased volume, the bearish view is invalidated, with 260 as the next upside target.
#BCH #BCHUSDT #合约行情 #TechnicalAnalysis