Volatility 25 Index –1H Sharp Selloff Tests Major Demand ZoneConstant Volatility of 25% with a tick every 2 secondDERIV:VOLATILITY_25_INDEXSir_Stylez_Constant Volatility 25 Index has undergone a significant shift in structure after failing to sustain its bullish breakout. Since the previous analysis, buyers were unable to defend the 2,770–2,780 support zone, leading to an aggressive bearish expansion that pushed price into a fresh demand area around 2,620–2,650. The market is now consolidating after the sharp decline, suggesting sellers are pausing while participants assess the next directional move. Technical Analysis The previous bullish outlook has been invalidated following the decisive breakdown below the ascending channel and the 2,770–2,780 support region. Price has transitioned from producing Higher Highs (HH) and Higher Lows (HL) into a sequence of Lower Highs (LH) and Lower Lows (LL), confirming that sellers have taken short-term control. Key observations include: Price decisively broke below the 2,770–2,780 support zone, invalidating the previous bullish continuation scenario. The ascending channel failed to hold, triggering a strong bearish expansion phase. Sellers drove price through multiple support levels with very little buying pressure, highlighting strong downside momentum. Price has now reached the 2,620–2,650 demand zone, where consolidation is beginning to form after the impulsive decline. Although sellers remain in control, bearish momentum is beginning to slow as price trades within a narrow range at support. This area will likely determine whether the market produces a relief rally or resumes its downtrend.