Bitcoin Cash BCH technical analysis

BCH trades at $250.21, down 0.42% in 24 hours. The 4-hour RSI is neutral at 50, while the daily RSI sits at 31, showing weak momentum against a mixed long-term trend.

Price is pressing the 4-hour support zone of 249.475-250.225, touched twice, with the 1D resistance at 250.725-251.475 adding overhead pressure. The 241.3-244.9 zone has seven touches, a key deeper buffer. A rising trendline near 245.461 offers dynamic support.

Bulls need to reclaim and hold above 251.525-252.275 on the 4-hour, then clear 253.325-254.075 to target 255.025-255.775. Bears must break the 249.475 support to expose 241.3-244.9; failing that, a push toward 238.725-239.475 becomes possible.