Technical analysis by tradecitypro about Symbol BCH: Buy recommendation (10/21/2025)

👋 Welcome to TradeCityPro Channel! 💨 Let’s take a deep dive into the BCHUSDT (Bitcoin Cash) chart on the daily timeframe, where the market is showing some very intriguing behavior that could signal the next major move — either a powerful bullish continuation or a short-term bearish pullback. 📊 Over the past several weeks, BCH has maintained a generally bullish structure, moving in sync with broader market sentiment. However, the recent rejection from the $623.4 resistance zone has created a bit of uncertainty. This level is extremely important because it aligns with a major supply zone visible on both the daily and weekly charts, marking a strong area where sellers have historically entered the market. 📈 If BCH manages to break and close above $623.4 with strong volume, that would likely confirm a continuation of the bullish trend, potentially targeting the next psychological zones around $700 and $745. This move could also attract more traders and liquidity into BCH, reinforcing the bullish momentum. 📉 On the other hand, the $451 support has been a critical demand zone where buyers have consistently stepped in to prevent deeper declines. If the price loses this level and closes below it, it could trigger a short-term bearish phase, potentially leading to a retest of the $390–$400 range. Such a move would likely flush out weak long positions before the next major leg upward. 🧠 From a trader’s perspective, patience is key right now. For long entries, we should wait for a confirmed trend reversal on lower timeframes (4H or 1H) — ideally after a clean breakout and retest of the $623.4 resistance. However, for short setups, a breakdown below $451 would provide a much safer and more high-probability entry, especially if accompanied by strong volume and bearish momentum. ⚖️ In conclusion, BCH is currently in a decision-making zone — the market is consolidating between two major levels that will define its next big trend. Whether we see a massive bullish rally above $623.4 or a temporary bearish correction below $451, both opportunities can be highly profitable if timed correctly. Key Levels to Watch: 🟩 Bullish Trigger: Break and retest above $623.4 🟥 Bearish Trigger: Breakdown and close below $451 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice.