BCH is currently on the verge of retesting the $500 mark for the first time this year. From the daily chart timeframe, after successfully testing the historical low of $250, a strong rise channel pattern has formed. Additionally, on the weekly level, the current price is very close to the resistance level of the triangle pattern. After breaking around $500 intraday and then pulling back, this range remains valid in the short term. The intraday viewpoint suggests looking for a pullback first.

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