Market feels noisy but there’s structure if you zoom out a bit.
Price pushed hard earlier, then spent most of the session bleeding lower — clear distribution after the spike. Current price is sitting near a base / minor demand around 68–72. This zone is doing the holding right now.
Key levels from the chart:
Support: 68–72 (current base, buyers defending)
Major support: 57–60 (session low, last line if this base fails)
Resistance: 80–85 (first supply from breakdown)
Major resistance: 115–125 (previous consolidation + rejection zone)
Structure & behavior:
Trend short-term is still lower highs after the initial impulse.
The bounce from the lows is weak so far — no strong follow-through yet.
Volume spiked on the initial pump, then dried up during the sell-off → classic hype move cooling down.
No clear bullish divergence visible yet; momentum is neutral to weak.
Key triggers to watch:
Acceptance above 80+ with volume = momentum shift.
Loss of 68 = opens path back toward 60 liquidity.
Strong reclaim + hold of 85 would invalidate the current bearish structure.
Chart is at a decision area.
Tell me if you want this framed as long, short, or a two-side neutral plan.
#giggle #CPIWatch #BinanceAlphaAlert
