Important update $BCH
Looking at the 4-hour BCH/USDT chart, the current price is $340.8, with a +3.34% gain. Key levels include:
- **Support Zone:** Around $327 to $330 (black, grey, blue).
- **Resistance Zone:** $369 is a strong resistance, highlighted in green.
- **Trend Analysis:** The chart shows a slight upward movement, though overall, it's still ranging between support and resistance levels.
- **Volume & RSI:** The RSI sits around 70, indicating the asset is approaching overbought territory, signaling possible resistance ahead.
A breakout beyond $350 could signal further upside, while rejection could lead to another pullback toward support levels.