Market next move ๐ Disrupted Analysis: Bullish Counter-Scenario
๐ง Original Bias:
The chart predicts a strong bearish move, with a target around 88,000 USD.
The label "Bullish" seems misleading as itโs placed in a steep downward move.
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๐ Issues With the Original Analysis:
1. Volume Misinterpretation:
Increasing red volume could indicate capitulation or a temporary panic sell-off, not necessarily the start of a new trend.
A bounce could follow if buyers step in.
2. Support Zone Ignored:
The analysis overlooks any previous support levels in the 100kโ98k range, where buyers may be waiting.
3. No Confirmation for Breakdown:
The chart does not show a completed breakdown of a key structure or trendline.
The blue squiggle assumes a breakdown will happen, but no technical confirmation is visible.
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๐ Disruption Scenario: Bullish Reversal Possible
Rejection from 102k zone could be a liquidity grab, not the start of a downtrend.
Hidden bullish divergence on RSI or MACD (not shown here) could support a bounce.
