BCH/USDT Could BCH Break the key resistance or will be rejected?

💎BCH has recently demonstrated significant market dynamics, currently facing a key resistance area.

💎 A successful breakout above this resistance could lead to a significant upward movement, probability reaching our target area.

💎 However, if BCH fails to break this key resistance level, it may face rejection and retreat towards the demand area around $289. This retracement could serve as an opportunity to build new momentum.

💎 If BCH fails to bounce from the demand area and attempts to break the resistance again, it could indicate weakness. In such a scenario, there is a possibility of a breakdown, with BCH returning to test the support of the ascending channel, and potentially moving even lower.