BCH Coils Tight as Short Squeeze Looms Over SMA 50 Resistance

BCH is trading at $215.60, stuck in a tight range of $211.50, $216.80 on a session that has seen barely 1% upside movement.

The MACD histogram just printed zero, exactly zero, which means the bearish momentum that has defined this chart for most of 2026 has momentarily exhausted itself.

Buyers haven't committed with conviction, but sellers aren't pressing. This is a coil, and coils tend to resolve fast and hard.

The real question is whether they have enough firepower to crack through the overhead supply cluster that begins at $217.77 and thickens into the SMA 50 just above it at $218.62.