BCH/USDT – 1H – VENTE

The 1H BCH/USDT chart has fired a dense cluster of bearish signals, headlined by a Trendline Break Down and a Descending Triangle breakdown. These are compounded by MAMA PRICE and MIDPOINT/MIDPRICE retreats, plus DEMA Retreat Down, all pointing to sustained downside momentum at the hourly scale. The RSI OS Entry and STOCHF KD Cross Up signals suggest oversold conditions may be ripe for a temporary bounce or at least a pause in selling, but with the very strong trend score (4/5) on the 1H, shorts remain favored. Overall, trend alignment is strong from the 15-minute through 1-hour frames, all bearish with increasingly solid trend scores. Higher timeframes show only a forming bearish bias at 2H and 12H, with the 4H and 8H choppy, while the daily remains bullish—this creates a potential conflict that could limit how far price can drop. Immediate resistance sits at 261.50000, with support at 244.90000. If price holds below resistance, further downside toward support is likely, but a close above 261.50 would invalidate the setup.