Lingrid | BTCUSDT Selling Accelerates — Market Sell-Off Deepens

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Lingrid | BTCUSDT Selling Accelerates — Market Sell-Off DeepensBitcoin / TetherUSBINANCE:BTCUSDTLingridBTCUSDT has broken below the internal structure of the rising channel and is now trading inside a broader bearish formation. The latest rebound is approaching a former support area that has turned into resistance, suggesting the current move may only be a corrective bounce. 📍 A rejection from this resistance pocket could trigger another impulsive leg lower, pushing price deeper toward the lower boundary of the major bearish channel. ⚠️ If bulls manage to reclaim the structure and hold above the resistance zone, the immediate bearish pressure could weaken and delay the downside continuation. Traders, if you like this idea, please leave your thoughts in the comments. I look forward to reading your ideas!