BCH Could Be Weakening After Daily Channel Breakdown, Eyes $554 Reclaim or $480–$450 Support

• BCH broke the daily ascending channel for the first time since March, signaling a potential trend shift.

• Reclaiming the $554 EMA/SMA cluster would invalidate the breakdown and could resume momentum toward $600.

• If rejection persists, $480 and $450 are the next key supports to watch with current volume near $187,761,899.

Bitcoin Cash (BCH) breakdown: BCH must reclaim $554 to avoid deeper declines; monitor $480 and $450 supports — read the technical outlook and trade considerations.

What is the Bitcoin Cash (BCH) daily channel breakdown?

Bitcoin Cash (BCH) is breaking below an ascending daily channel that had supported higher lows since March, suggesting a possible change in market structure. The current price sits near $542.64 with a 24-hour gain of 1.52% and trading volume of $187,761,899.

How should traders interpret this BCH channel breakdown?

Traders should treat the breakdown as a conditional signal: a clear close back above the channel and the EMA/SMA cluster near $554 would invalidate the bearish case. Failure to reclaim this area increases the probability of a move toward the $480 and $450 support zones.

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