BCH/USD Technical Reading

Looking at the current price action on BCH against the dollar, the setup suggests we've likely hit a local peak and are transitioning into a downward phase. Several critical support levels have already broken through—those weren't arbitrary points but key zones that traders had been watching. When price fails to hold these established areas, it typically signals conviction behind the selling pressure. Watching what happens at the next tier of support will be crucial for understanding whether this is a shallow pullback or something with more structural weight behind it.