​⚠️ $BCH Just Died on the Chart! The Bull Trap is Complete—Is $507 Next? ⚠️

​The $BCH rally is officially over. After a spectacular run to $651.0, the price has collapsed by over 17% and is now struggling to hold the $540 zone. This steep drop is a classic 'bull trap' on the daily timeframe.

​The technical ratings are flipping to Sell on the daily chart, and volume is increasing on this downtrend—a terrifying sign of distribution. Bulls have to defend the critical $531.5 low from the recent wick. If that fails, watch out! The next major psychological and technical support is all the way down at $507. The momentum is completely gone. Don't be the last one holding the bag.

​What are you doing with your $BCH position right now: holding or cutting?

​#BCH #BitcoinCash #DeadCatBounce #CryptoWarning #Volatility

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