BCH Struggles to Reclaim Key Levels Amid Bearish Momentum
BCH is stuck in limbo at $213.30, clinging to its 20-day SMA as every short-term signal indicates hesitation.
The 7-day SMA and EMA 12/26 are all stacked overhead like ceiling tiles, none of which have been reclaimed with conviction.
Momentum has flatlined, with the MACD histogram printing zero, RSI stuck at 46, and Stochastic curling upward without follow-through confirmation.
Buyers are showing up, but they're not showing up with size, making this setup particularly dangerous in the bigger picture context.