BCH Price Stalls at Pivot Point

BCH's price action has stalled at $253.80, a pivot point where momentum has been exhausted and sellers are dominating buyers.

The Moving Average Convergence Divergence (MACD) histogram is flatlined, indicating a genuine decision point in the market rather than a directional trend.

The Relative Strength Index (RSI) is holding mid-range near 55, suggesting that neither conviction to push nor urgency to dump is present in the market.

The price of BCH is situated almost exactly at the midpoint of its Bollinger Band structure, with the upper band at $290 representing a ceiling for any aggressive bull run and the lower band at $220 marking real technical damage.