$PAIN /USDT BEARISH ANALYSIS – POTENTIAL SHORT SETUP AHEAD

The chart structure from 2019–2021 reflects an aggressive rise followed by a deep retracement, showing exhausted momentum and distribution characteristics. The recent behavior suggests a bearish continuation as price fails to reclaim previous structural highs.

TECHNICAL BREAKDOWN

• Market shows repeated lower highs, signaling sustained seller control.

• Volume weakening on minor bounces indicates lack of strong demand.

• Long-term chart displays a bubble-like peak followed by heavy decline, pointing to continuation downside until a strong accumulation zone forms.

• Momentum indicators reflect a downtrend with no confirmed reversal pattern yet.

TRADE SETUP – SHORT ENTRY

• Short Entry: After a clean pullback toward the nearest broken support-turned-resistance zone.

• Targets (TP):

• TP1: First liquidity pocket below recent swing lows

• TP2: Deeper structural support zone

• Stop Loss (SL):

• Above the recent lower high to protect against false breakouts

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