MSFT Bearish Move Before Earning Report

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MSFT Bearish Move Before Earning ReportMSFTUSDTPERP PERPETUAL MIX CONTRACTBITGET:MSFTUSDT.PEmpressBTCAs we all wait to see how Microsoft (MSFT) reacts to its earnings report tonight, my technical bias remains bearish. Since the earnings release comes after the U.S. market closes, there is still time for price to continue trading lower before the announcement. While earnings can trigger sharp volatility in either direction, the current market structure suggests sellers remain in control. On the Daily timeframe, MSFT continues to respect a bearish market structure, with price failing to reclaim key resistance levels. Zooming into the 15-minute timeframe, I'm watching for one final sweep of the buy-side liquidity. If price taps that liquidity high, it could provide the fuel for the next impulsive move lower. Key levels I'm watching: 🎯 Minor downside target: $378 🎯 Major downside target: $338 If earnings fail to invalidate the current structure, I expect the broader bearish trend to continue toward these levels.