💥 $BCH /USDT Bears Trapped! Hard V Shape Bounce Incoming! 💥
What a massive recovery response from the bulls!
After an extended downtrend down to $230.50, $BCH just put in a sharp, high conviction +5.51% daily reversal candle.
The sheer speed of this bounce indicates a deep liquidity grab that trapped overextended shorters.
The red MACD histogram is shrinking rapidly, signaling that the downward cascade is over.
Expect momentum to squeeze this back up toward the $311 level next! 🚀🔥
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