BCH/USDT – 30M – BUY

The BCH/USDT 30-minute chart has fired a cluster of oversold-exit signals — RSI, CCI, WILLR, and BBANDS Lower Band retreat — alongside a Trendline Break Down and BOP Zero Cross Up. These together suggest a short-term bounce off deeply oversold conditions, with the DEMA retreat and HT Trendmode shift to cycle reinforcing the idea that downside momentum is exhausting. The signal probability of 61% with weak strength points to a corrective move rather than a trend reversal, so traders should treat this as a tactical long within a broader bearish structure.

The higher timeframes are firmly bearish: 30-minute and 1-hour trends are extremely strong to the downside, with 15-minute and 2-hour also very strong. However, the 4-hour and 12-hour trends show only forming weakness, and the daily remains a solid uptrend. This divergence — a strong short-term downtrend against a still-bullish daily — means the bounce could be sharp but is unlikely to flip the larger trend. Key levels to watch are resistance at 261.50, which aligns with prior supply, and support at 222.60, a major floor that has held multiple tests. A break above 261.50 would signal stronger bullish intent, while a loss of 222.60 would invalidate the bounce thesis and open deeper downside.