Three days ago $BCH tagged 290. Sitting near 247 now.
After that Nov 5 high it just leaked lower through the weekend. Then the 20:00 UTC candle broke through 256, the October floor, and wicked down to 243.8 on the heaviest tape since the pop. Volume vanished right after it.
It's hanging under both 4h EMAs now, 20 around 263 and 50 near 271.
That 243.8 wick is the line from here. Lose it and the next real shelf sits around 239, then 233 from September.
Nothing flips until a 4h close back over 256 holds. Above that 263 is the first real repair.
After that Nov 5 high it just leaked lower through the weekend. Then the 20:00 UTC candle broke through 256, the October floor, and wicked down to 243.8 on the heaviest tape since the pop. Volume vanished right after it.
It's hanging under both 4h EMAs now, 20 around 263 and 50 near 271.
That 243.8 wick is the line from here. Lose it and the next real shelf sits around 239, then 233 from September.
Nothing flips until a 4h close back over 256 holds. Above that 263 is the first real repair.
