M: Descending Consolidation & Structural Support TestMK Restaurant Group PCLSET:Make95221. Technical Overview & Structure Macro Downtrend: The price action remains constrained within a broad macro descending structure, bounded by a prominent long-term downward resistance line from previous highs. Volume Profile & Accumulation Zone: A significant concentration of High Volume Nodes sits in the lower range around 17.50 – 19.00, forming a key structural demand floor and multi-month accumulation band. Wedge / Triangle Compression: Price is compressing into a converging pattern near historical support, reflecting dwindling momentum as it approaches the apex of the range. However, unlike previous bullish reversal setups, the projection arrow indicates a potential downside test toward structural support. 2. Key Price Targets (Fibonacci Retracement) Short-Term Support Test (18.3): Aligned with the 0.382 Fibonacci Retracement level, acting as the immediate downside hurdle if the current range breaks lower. Medium-Term Target (16.1): Corresponds to the 0.5 Fibonacci Retracement level, coming into play if selling pressure accelerates. Deep Correction Target (14.0): Aligned with the 0.618 Fibonacci Retracement level, representing a deeper structural retracement toward macro support clusters. 3. Risk Management Invalidation Level / Resistance Break: A strong bullish breakout above the upper descending trendline and moving average resistance cluster would invalidate this downside bias and signal a renewed reversal attempt.