$BCH – REJECTION NEAR RESISTANCE! BEARS MAY TAKE CONTROL

WEAK CLOSURE NEAR PEAK

PRICE STALLING AFTER SHARP SPIKE

$BCH /USDT pushed up to 589.3 but immediately faced rejection, forming a short-term top with a red candle right at resistance. The bullish momentum is fading, with no follow-up buying after the breakout. Volume is also tapering off, signaling a potential shift in sentiment. If price loses 586 support, a pullback towards 578 or lower becomes likely.

Short Entry: 586.5

Targets: 578 / 571

Stop Loss: 590.5

Momentum fading fast — bulls must defend or risk a quick reversal.

#BCH #BearishReversal #BinanceFutures #CryptoSignals #ChartAnalysis