BCH has recently experienced a noticeable abnormality in trading volume. Within the 30-minute cycle, the trading volume suddenly surged, with a month-on-month increase of 135.9%. Such abnormal fluctuations often indicate that the market may show some movement.
As of the observation point, BCH price is fluctuating around 636.7 USDT. From a technical perspective, the key support at the 1-hour level is at 634.56, only 0.51% away from the current price. The support zone is approximately between 634.56 and 641.71. This level is quite close, and from a trading standpoint, it is worth paying attention to.
If there are indeed rebound signals near the support later on, consider placing long positions around 634.56, with the target set at the resistance level of 654.5. Of course, the abnormal increase in volume is just an initial signal; the true trend initiation still requires confirmation from subsequent movements. It’s advisable to keep a close eye on BCH’s upcoming performance.
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MoonBoi42
· 8h ago
Trading volume surged by 135%, is BCH really about to move this time or is it just another scam?
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634.56 support level shows some strength; whether it rebounds depends on the subsequent trend and whether it can give a convincing move.
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It's another "abnormal signal"... I've heard that phrase so many times it’s making my ears callus haha.
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The key is to break through 634.56 to be meaningful; otherwise, it's all just empty talk.
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A 135% increase in trading volume sounds impressive, but how long it can last is hard to say.
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Wait a minute, if this rebound really hits 654.5, I’ll laugh my head off.
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Long positions are okay, but stop-loss must be set properly. BCH is too good at fooling people.
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As for volume signals, as long as it’s not obviously a dump, I’ll take a quick look.
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BlockDetective
· 01-07 01:48
Trading volume surged by 135%. Is this a takeoff or a trap? It depends on whether it can hold steady above 634.56 later on.
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PanicSeller69
· 01-07 01:46
Trading volume increased by 135%? Is this another dump coming? Feeling a bit anxious.
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MeaninglessApe
· 01-07 01:46
Trading volume surges by 135%? If this turns out to be another false alarm, I'll be laughing.
BCH has recently experienced a noticeable abnormality in trading volume. Within the 30-minute cycle, the trading volume suddenly surged, with a month-on-month increase of 135.9%. Such abnormal fluctuations often indicate that the market may show some movement.
As of the observation point, BCH price is fluctuating around 636.7 USDT. From a technical perspective, the key support at the 1-hour level is at 634.56, only 0.51% away from the current price. The support zone is approximately between 634.56 and 641.71. This level is quite close, and from a trading standpoint, it is worth paying attention to.
If there are indeed rebound signals near the support later on, consider placing long positions around 634.56, with the target set at the resistance level of 654.5. Of course, the abnormal increase in volume is just an initial signal; the true trend initiation still requires confirmation from subsequent movements. It’s advisable to keep a close eye on BCH’s upcoming performance.