Alert Guy's ... Crash Alert 🚨
$BCH is facing a clear rejection from the major resistance zone, and the chart is showing weakness exactly as expected. Price is failing to hold above the breakout level, and the candles confirm that buying momentum is slowing down quickly. A small retest toward the resistance may still happen, but overall the structure is bearish and downside pressure is rising.
From this point, BCH is very likely to fall toward the $485 zone once this rejection fully plays out. Any small upward move should be seen only as a retest, not a trend reversal. If you are planning to enter short trades, keep your stop-loss safely above the resistance and aim for $485 as the next important downside target.
Stay alert and manage your risk properly ... the bearish wave is still active.
