$BCH is currently hovering near $477, facing rejection from the $515 resistance after a strong rally. Price action now reflects fading bullish strength, as sellers gradually regain control The recent candle structure hints at a potential short term retracement if momentum continues to weaken.
While buyers defended key levels earlier sustained movement below $490 could reinforce a bearish outlook, opening the door for a deeper correction toward the $470–$450 range. Overall sentiment remains cautious as the market consolidates following its recent surge.
