NIFTY Bearish Rejection | Descending Trendline ResistanceNifty 50 IndexNSE_DLY:NIFTYLucasCapital_ProNIFTY Bearish Rejection | Descending Trendline Resistance 📉 Description: Nifty 50 Index (NIFTY) is showing signs of strong bearish rejection on the 3H timeframe. Price recently initiated a corrective rally up to test a prominent overhead resistance area that aligns closely with a major descending trendline. Sellers heavily defended this dynamic resistance zone, preventing any clear breakout and creating a structural pivot lower. As long as the price trades below this structural resistance area and the descending trendline, the immediate bias remains firmly bearish, setting up a potential extension down to target historical support levels and internal sell-side liquidity pools. Key Structural Levels: 🔴 Trendline Resistance / Invalidation Zone: 23,800.00 – 24,000.00 (Body close above resistance area) 📉 Current Rejection Level: 23,333.55 🔵 1st Bearish Objective: 22,800.00 (1ST SUPPORT) 🔵 2nd Bearish Objective: 22,200.00 (2ND SUPPORT) Trading Perspective: Look for short execution setups on lower timeframes (M15/M5) inside the current rejection zone to catch the impulsive leg down toward the targets. A strong 3H candle body close above the descending trendline and structural resistance area will completely invalidate this short setup. This analysis is based on technical structure and market behavior, not financial advice.