DXY Breaking Structure Support Bearish Continuation Toward SellU.S. Dollar Currency IndexTVC:DXYKimYunaJournalMarket Sentiment The current sentiment has shifted to bearish after a failed bullish continuation. Price previously formed a rising structure (higher lows) but is now: Breaking below ascending support Forming a lower high near resistance Showing rejection from the upper trendline This indicates a potential shift from bullish structure to bearish continuation. Key Levels Major Support 98.00 – 98.20 → Key liquidity target 97.50 → Extended support Major Resistance 100.30 – 100.60 → Strong resistance zone 101.00 → Higher timeframe resistance Key Pivot Level 99.50 – 99.60 Price currently trading below this level confirms bearish pressure. Liquidity Map Upper Liquidity Buy-side liquidity above 100.50 – 101.00 Likely partially swept during recent highs Lower Liquidity Strong sell-side liquidity at 98.00 Additional stops below 97.50 Structure Insight Triangle breakdown → liquidity release Previous higher low broken → BOS (Break of Structure) Market now likely targeting sell-side liquidity below Primary Scenario If price continues below the broken trendline, bearish continuation is expected. Condition Trendline break + rejection from pivot Targets Target 1 → 98.20 Target 2 → 98.00 Target 3 → 97.50 This aligns with the liquidity draw to the downside. Alternative Scenario (Invalidation) If price reclaims above 100.00, bearish scenario becomes invalid. Upside Targets 100.50 101.00 This would indicate a false breakdown and bullish continuation. Trade Plan Short Setup (Primary) Entry Zone 99.50 – 99.80 Stop Loss Above 100.20 Take Profit TP1 → 98.20 TP2 → 98.00 TP3 → 97.50 Long Setup (Alternative) Entry Zone Break & hold above 100.00 Stop Loss Below 99.50 Take Profit TP1 → 100.50 TP2 → 101.00