The Elephant Jungle 3/24/26 Page 2BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420The Bulls made it back to the Local VAH and now they are trying to push through that level to get back up to the Current Range high. But take a good look at the chart and tell me what you see forming... Because to me, it is starting to look like a Head and Shoulders pattern setting up. Let me draw it out so you can get a better visual. Now this could be the exact reason the Bulls have started to stall. They see what is forming, and they know it is going to take a lot more momentum to break through and reach the top of the range. But for this Head and Shoulders idea to actually play out, there has to be some supply on a lower time frame that the Bears left behind, something the Bulls can reject from. So let’s drop down to the 1H and see what is really making the Bulls hesitate.