Constant Volatility 10 Index remains in a downtrend Constant Volatility of 10% with a tick every 1 secondDERIV:VOLATILITY_10_1S_INDEXSir_Stylez_Constant Volatility 10 Index remains in a well-established downtrend, with sellers continuing to dominate after breaking below successive support levels. The market has respected the bearish structure over the past three days, producing a series of lower highs and lower lows while rejecting every meaningful recovery attempt. The decline from the 9,550 support level extended toward the 9,440–9,470 region, where price is now beginning to stabilize. The most recent candles show reduced bearish momentum and smaller-bodied candles, suggesting that sellers may be taking profits after the strong impulsive move. Technical Analysis The overall market structure remains bearish. Price continues to trade below previous swing highs, preserving the sequence of Lower Highs (LH) and Lower Lows (LL). Every bullish retracement has been capped by resistance, showing that sellers continue to defend higher prices. The break below 9,550 confirmed continuation of the primary downtrend and opened the way for the current decline. Price is now testing a previous reaction zone around 9,440–9,470, where buying interest may temporarily slow the decline. Although a minor bounce is possible from current levels, there is no confirmed reversal pattern yet. Buyers would need to break above the most recent lower high around 9,500–9,520 to suggest that short-term momentum is shifting.