BCH/USDT TECHNICAL ANALYSIS: BEARISH REVERSAL $BCH

​MARKET OUTLOOK

​The price shows a sharp recovery but is currently facing strong resistance at the 564.5 level. A rejection at this zone indicates a potential bullish trap, suggesting the next move will be a continuation of the downward trend.

​Take Profit 1: 548.0

​Take Profit 2: 540.5

​Take Profit 3: 536.0

​Stop Loss: 569.0

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