$BAS Bearish Mode Activated

65
BAS Bearish Mode Activated🔻

As discussed earlier, 0.0075 resistance acted exactly as supply.
Sharp rejection from the top zone.

Now the bigger problem 👇
Price is also losing 0.0068 support — that was the structure line holding bulls alive.

Once both resistance rejects and support breaks,
momentum shifts fast.

Expected downside zones:
• 0.0062 first liquidity pocket
• If pressure continues → 0.0055 major support

The higher-high structure is invalidated for now.
Breakout failed. Sellers in control.

Unless price quickly reclaims 0.0068,
bounces are likely to be sold into.

This is no longer breakout mode.
This is distribution → continuation risk.

Stay sharp. Protect capital.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.