recent price action has taken a turn with a breakdown following a liquidity move. Currently, it's in the midst of a re-test, which if unsuccessful, could confirm the bearish momentum and propel the price towards lower zones. A sustained hold below this trend line may increase the likelihood of a further descent. We should keep an eye on the current trend for signs of continuation or reversal, as this will be critical in determining the near-term market direction for BCH.
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