BCH Key Technical Observation: The price is approaching the key support level of $580. If this support holds effectively, the subsequent upward momentum is worth tracking — the target can look towards the previous high of around $650. Currently, if this rebound can gain effective support at $580, the probability of breaking upward will significantly increase. Traders in the crypto circle should pay close attention to the buying strength around this level, as this is often the key to judging the future market direction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
MeltdownSurvivalist
· 7h ago
If we can't hold 580, we're done for. This time we really have to see the buying pressure.
View OriginalReply0
AirdropHustler
· 7h ago
If 580 can't hold, it will directly drop to 500, don't deceive yourself.
View OriginalReply0
BitcoinDaddy
· 8h ago
If 580 can hold, can it rush to 650? Sounds great, but I'm afraid it's just a false alarm.
View OriginalReply0
HalfPositionRunner
· 8h ago
580 has been smashed again, it's frustrating to watch. Only by holding above can there be hope.
BCH Key Technical Observation: The price is approaching the key support level of $580. If this support holds effectively, the subsequent upward momentum is worth tracking — the target can look towards the previous high of around $650. Currently, if this rebound can gain effective support at $580, the probability of breaking upward will significantly increase. Traders in the crypto circle should pay close attention to the buying strength around this level, as this is often the key to judging the future market direction.