$BCH is trading near 273.32 after a sharp decline from the 281.22 high. The 15-minute chart shows strong selling pressure, with price recently testing 271.80 before a small rebound. Buyers are attempting to stabilize the market, but the recovery remains unconfirmed.
The 271.80 area is the key support to watch, while 274.50–275.50 forms a nearby resistance zone. If buyers reclaim 275.50, a recovery toward 277.50 becomes possible. If support at 271.80 breaks, bearish momentum could continue.
The 271.80 area is the key support to watch, while 274.50–275.50 forms a nearby resistance zone. If buyers reclaim 275.50, a recovery toward 277.50 becomes possible. If support at 271.80 breaks, bearish momentum could continue.