Despite the recent surge, BCH has struggled to consolidate its gains above the crucial $300 level. This resistance poses a significant threat, as it suggests a lack of confidence and buying pressure to sustain BCH's upward momentum. If the support is not solidified soon, a retracement to lower levels becomes increasingly likely.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.