Bearish Continuation Patterns Keep Sellers in Control
LYNUSDT continues to respect its bearish market structure, with a sequence of continuation patterns reinforcing persistent selling pressure. The transition from a bearish wedge to a bearish pennant and now a bearish flag highlights the market's inability to establish a sustained recovery.
The recent rejection from the supply zone keeps sellers in control, while the current bearish flag suggests another potential continuation phase. As long as price remains below the invalidation level at 0.07062, the probability favors a move toward the intermediate support and, ultimately, the projected demand zone around 0.01055. A decisive close above the invalidation level would invalidate the current bearish thesis and signal a possible structural shift.
WESLAD RESEARCH
Probability Over Prediction.