$BCH looks like a trap reset 👀
Price just broke out of a steep descending wedge after a sharp flush to the 190-200 area. That wick-heavy bottom screams absorption, not weakness.
⚡ The trigger is a clean hold above 215. That's where momentum shifts from recovery to reversal.
🎯 Upside opens toward 350 first, then the 460-480 zone if bulls stay in control. Invalidation sits at 180 — a daily close there and the bounce thesis is done.
🧨 Late shorts near the lows are the ones at risk here. Smart money already absorbed the sell pressure. The micro wedge breakout is the tell.
📈 Market read: this looks less like a random bounce and more like a deliberate reset before a larger move.
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