Sahrin

Downtrend in progress: The price is making lower highs and lower lows, confirming a bearish market structure.Price below key moving averages: The candles are trading below the midline of Bollinger Bands and the moving average, indicating sustained bearish pressure.Resistance near $0.55–$0.60: Previous support now turned resistance, tested and rejected multiple times.Support zone near $0.48–$0.45: Recent lows and potential next area of demand.

The current price is trading below the midline of the Bollinger Bands (usually a 20-day moving average), which typically indicates downward momentum.The chart shows a pattern of descending highs and descending lows, which is a classic bearish structure.The latest candle is red and pushing toward or near the lower Bollinger Band, suggesting increased selling pressure.Price recently lost the $2.20–$2.30 support zone and is now testing the $2.00 psychological level. If this level breaks, it could open downside toward $1.90 or lower.

The last few candles show strong red bodies, suggesting selling pressure.Price has closed below the middle Bollinger Band (20-day moving average), often a trigger point for downside momentum. This suggests a transition from neutral/bullish to bearish momentum.Recent highs failed to break the previous peak near $2,900. This forms a lower high, indicating weakening buying strength.

Support: Around $1,100 (recent swing low).Resistance: Around $1,400 (recent swing high).If the price falls below the middle band, the lower band could act as support.A drop below $1,100 could lead to further downside towards $900.

The price is trading below the midline (moving average) of the Bollinger Bands.Lower highs and lower lows indicate a downtrend.Immediate Support: Around $120 (lower Bollinger Band)Volume appears moderate, with some increasing spikes during price drops, suggesting strong selling pressure.

The price is trading in the lower half of the Bollinger Bands, suggesting weakness.Support Levels: Around $0.85 - $0.90 (Recent lows)Resistance Levels: Around $1.00 - $1.10 (Bollinger mid-band & psychological level)Bearish Bias: The price remains below the moving average and in the lower Bollinger Band range.Potential Reversal: If price breaks above $1.00 with increasing volume, it could signal an uptrend reversal.Synthetix Network Token Faces Rejection at Mid-Band – Bear Trend Intact

The price recently had a strong rally but is now in a short-term downtrend after failing to sustain highs near $1,900.The price is currently below the middle Bollinger Band (moving average), signaling bearish momentum.A potential support zone is around $1,200, near the lower Bollinger Band.Widening Bollinger Bands indicate increased volatility.The price is approaching the lower Bollinger Band, which could act as a support level.Support: $1,200 (Lower Bollinger Band), $1,000 (Psychological Support)Resistance: $1,400 (Middle Bollinger Band), $1,500 (Recent high before drop)Bearish Continuation: If selling pressure increases and price breaks below $1,200, it may decline further to $1,000.

The bands are widening, indicating increased volatility.Price has been hugging the lower Bollinger Band, suggesting a strong downtrend.Increased Volume on Sell-Off: The recent strong bearish move was accompanied by high volume, confirming strong selling pressure.Possible Capitulation?: If volume spikes further while price stabilizes, it could indicate potential short-term bottoming.Support: Around $2,000 (psychological level).Resistance: Near $2,500 - $2,600 (recent breakdown level & middle Bollinger Band).Bearish Bias: Price action and indicators suggest further downside unless buyers step in strongly.Short-term Relief Bounce Possible: If ETH holds the $2,000 level, a temporary rebound could occur.Bearish Scenario: If ETH closes below $2,000, expect further downside toward $1,800 or lower.Bullish Recovery: A strong close above $2,500 would indicate potential trend reversal.Wait for Confirmation: Watch for a bullish reversal pattern or volume divergence before entering long positions.

Downtrend Confirmation: The price recently broke below the mid-Bollinger Band (20-day SMA), signaling bearish momentum.Lower Bollinger Band Touch: The price recently reached the lower band, suggesting oversold conditions or a continuation of the downtrend.Volume Spike in Down Move: Increased volume during the price drop indicates strong selling pressure.Support Around $300: The price has recently bounced from near $300, a psychological and historical support level.Resistance Near $380-$400: The mid-Bollinger Band and previous price rejections suggest resistance in this range.Bullish Reversal: If BCH can reclaim the mid-Bollinger Band ($380 area) and hold, it may trigger a move toward the upper band ($480+).Further Downside: A failure to hold $300 may open the door for further declines toward $280 or lower.Consolidation Phase: If BCH stabilizes between $300-$380, sideways movement may occur before a new breakout.

Currently, the price is in a correction phase, declining from its peak.The price is near the lower Bollinger Band, indicating oversold conditions.The bands are contracting, suggesting lower volatility.If $5.50 support breaks, price could decline towards $5.00 or lower.A test of $3.60 could occur if the bearish trend continues.