Double Top Threatens #BCH Bulls! Will Support Hold? 🟥
#BitcoinCash price faces a critical juncture after forming a bearish double top pattern. The rejection at the resistance zone suggests a potential downside continuation.
Here's the breakdown:
Two failed attempts to break above $520 formed the double top.
Price needs to break below the support level of $440-$450 for a drop towards $400.
A bounce from current levels could see another attempt at $520-$530, but the #bearish scenario seems more likely.
