Market next target

🟥 Disrupted (Bearish or Cautious) Analysis:

1. Failed Bullish Attempt Risk

While a bounce from the support zone (~3,260 USD) is visible, the momentum lacks strong bullish confirmation. The rejection from the support area could be a dead-cat bounce, especially since the overall trend leading into this zone was sharply downward.

2. Volume Divergence

The volume spike on the large red candle suggests heavy selling pressure, not accumulation. The weak follow-up volume on the minor green recovery bars indicates a lack of buyer confidence.

3. False Breakout Possibility

If price does push toward the “Target” or even the “Resistance” zone (3,290–3,310), it might be a bull trap, luring late buyers in before a reversal back downward.

4. Bearish Continuation Scenario

Price may retest the support zone (3,260) again.

If this support breaks decisively, it could trigger a strong sell-off, with potential to test lower zones around 3,240 or even 3,200.