$BCH

/USDT – POSSIBLE LOWER HIGH FORMING, BEARS MAY STRIKE NEXT!

Bitcoin Cash is currently trading around $477.10 after rejecting from the $483.20 high.

The price is forming a lower high pattern on the 15-minute chart, indicating weakening bullish momentum.

Despite the recent bounce, the structure suggests limited upside unless $483 is broken with volume.

If $474.50 support fails, a drop back toward the $469–$461 zone is likely.

Traders should monitor the $480–$483 range for potential rejection and short setup confirmation.

Volume is steady but not strong enough to suggest a breakout just yet.

Bears may regain control if bulls fail to reclaim the local top.

Ideal conditions for a scalp short setup if rejection signs appear near resistance.

If bulls push through $483, then the bias flips bullish toward $489+.

Until then, caution is advised — momentum is leaning bearish.

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