Binance BCHUSDT 2h Trend Prediction

In the current market environment, BCHUSDT exhibits certain oscillatory characteristics. The support at the lower Bollinger Band provides some upward momentum, but resistance above and bearish signals from the MACD are emerging. The RSI indicator approaches the oversold zone, reflecting that the short-term may have already reached the bottom range, requiring close attention to whether rebound momentum appears. The active buy-sell ratio and the ratio of bullish to bearish accounts indicate a certain bullish sentiment, but recent liquidity flows do not show a clear trend, potentially driving oscillation and correction. Considering that the support/resistance point S1 is above 496.85, the current rebound price may need to test resistance around 540. Traders are advised to closely monitor RSI changes and whether a clear MACD golden cross occurs, using these as confirmation signals for entry points. Due to the lack of clear short-term breakout signals, traders should operate cautiously and wait for more definitive market signals.