Muhammad Saleem_6
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Bearish
BTCUSDT 1D Structure Analysis (as of May 28, 2025)
Let's break down the deep structure visible in the daily chart:
🧱 Market Structure Overview
Trend Direction:
The broader trend from mid-April to early June was bullish, but has recently broken down.
Currently, a bearish correction is underway, showing a strong sell-off in recent candles.
🔍 Key Structural Zones
✅ Demand Zone (Highlighted Area: 84,000–87,000 USDT)
Clearly marked on the chart as "DEMAND AREA / PULLBACK".
This area served as a strong accumulation zone before the last major bullish breakout.
Price is approaching this zone again, suggesting a potential bounce or reversal area.
🟨 Break of Structure (BoS)
The previous swing low around 98,000–100,000 has been violated.
This signals a change in character (ChoCH) from bullish to bearish.
🕯️ Candlestick Insights
Recent candles are strong-bodied bearish candles with very little wick, indicating momentum selling.
Lack of reversal signals near current lows = potential continuation lower into demand zone.
📉 Possible Scenarios
1. Bullish Scenario (Bounce from Demand Zone)
Price enters the 84k–87k zone, forms:
Long wick rejection candles (e.g., hammers, pin bars).
Bullish engulfing pattern or inside bar breakout.
RSI or other momentum indicators may show bullish divergence.
Potential rally target: ~96k (first supply zone).
2. Bearish Scenario (Demand Fails)
Strong bearish candle closes below 84k.
Structure becomes clearly bearish, targeting:
Next support zones: 80k → 75k → 72k range.
🧠 Strategic Implication
Swing traders should monitor price behavior inside the demand zone. Scalpers/intraday may look for volatility plays around 86k support. Confirmation is critical — don’t pre-empt reversal without bullish evidence. DYOR
Let's break down the deep structure visible in the daily chart:
🧱 Market Structure Overview
Trend Direction:
The broader trend from mid-April to early June was bullish, but has recently broken down.
Currently, a bearish correction is underway, showing a strong sell-off in recent candles.
🔍 Key Structural Zones
✅ Demand Zone (Highlighted Area: 84,000–87,000 USDT)
Clearly marked on the chart as "DEMAND AREA / PULLBACK".
This area served as a strong accumulation zone before the last major bullish breakout.
Price is approaching this zone again, suggesting a potential bounce or reversal area.
🟨 Break of Structure (BoS)
The previous swing low around 98,000–100,000 has been violated.
This signals a change in character (ChoCH) from bullish to bearish.
🕯️ Candlestick Insights
Recent candles are strong-bodied bearish candles with very little wick, indicating momentum selling.
Lack of reversal signals near current lows = potential continuation lower into demand zone.
📉 Possible Scenarios
1. Bullish Scenario (Bounce from Demand Zone)
Price enters the 84k–87k zone, forms:
Long wick rejection candles (e.g., hammers, pin bars).
Bullish engulfing pattern or inside bar breakout.
RSI or other momentum indicators may show bullish divergence.
Potential rally target: ~96k (first supply zone).
2. Bearish Scenario (Demand Fails)
Strong bearish candle closes below 84k.
Structure becomes clearly bearish, targeting:
Next support zones: 80k → 75k → 72k range.
🧠 Strategic Implication
Swing traders should monitor price behavior inside the demand zone. Scalpers/intraday may look for volatility plays around 86k support. Confirmation is critical — don’t pre-empt reversal without bullish evidence. DYOR
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