$H USDT Faces Heavy Selling Pressure as Bears Dominate Short-Term Structure
#H USDT is currently under strong bearish control, with price trading near 0.1077 after a sharp intraday decline of over 15%. The market structure on the 1-hour timeframe clearly reflects sustained selling pressure, as consecutive lower highs and lower lows continue to define the trend. Price remains well below the key moving averages, with MA(25) and MA(99) acting as dynamic resistance zones, highlighting that bulls have not yet regained control. The short-term MA(7) is attempting to stabilize, but its position below longer-term averages suggests this move is more corrective than a true trend reversal.
The recent drop toward the 0.1016 region marked a local low, where buyers briefly stepped in, resulting in a modest bounce. However, volume data shows that selling activity still outweighs buying interest, indicating weak demand at current levels. The failure to reclaim the 0.118–0.120 zone keeps downside risk alive, as this area now serves as a critical resistance cluster. If price fails to hold above the 0.105–0.107 support band, a retest of the psychological 0.100 level becomes increasingly likely.
Momentum indicators remain subdued, reflecting cautious sentiment across the market. For any meaningful recovery, must break and hold above the descending moving averages with strong volume confirmation. Until then, the overall bias remains bearish, and traders are likely to stay defensive, focusing on risk management while waiting for clearer signs of trend stabilization or reversal.
#BitcoinETFWatch #USGovShutdown #USGovShutdown #USGovShutdown