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Bitcoin Cash trading volume jumps 30% but price dips amid bearish outlook and key resistance levels.

Technical Signals
10 Aug 2026
AMBCrypto
View Source
Bullish
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Bitcoin Cash (BCH) saw a 30% increase in daily trading volume on August 10, possibly due to renewed market activity after a quiet weekend. Despite this, the price fell 1.2% in 24 hours and Open Interest dropped 2.26%, indicating traders are reducing leveraged positions. The long-term trend remains bearish with resistance between $250-$280. Analysts note BCH is holding a rising support line since June 24, suggesting potential to break local resistance at $224 and $232. Short liquidation levels clustered around $221-$231 and $257 could trigger a short squeeze, making a rise to $232 likely in the near term before any further bearish moves.

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