$PSG is showing clear bearish continuation after a strong rejection from the highs 📉

Price is down -7.94% in 24h, currently trading around $0.823, after failing near $0.913 and collapsing sharply toward the $0.805 low. The key behavior here is not just the drop — it’s how price is holding near the bottom of the range without any strong recovery.

The structure is clearly lower highs and lower lows, meaning sellers are still fully in control. Every small bounce is getting rejected quickly, showing weak buyer strength.

Volume at $3.85M USDT is moderate, but enough to confirm the sell-off is real and not random noise. The market is still in distribution mode after the rejection from the top.

📊 Key levels to watch:

• Support: $0.820 – $0.815

• Resistance: $0.830 – $0.835

• Major resistance: $0.850 – $0.855

The strongest signal is simple: price is stuck near the lows after a heavy rejection, which usually favors continuation down unless structure flips strongly.

Possible condition 👇

🔴 SHORT ZONE: $0.830 – $0.835

🎯 Target 1: $0.820

🎯 Target 2: $0.815

🎯 Target 3: $0.805

❌ Invalidation / Stop Loss: Above $0.840

📉 Bias: Bearish

As long as $PSG stays below the $0.835–$0.840 zone, sellers maintain control and downside continuation toward the range lows remains more likely than recovery.