SUPRA

SUPRA 5D: Bear Trend Intact as Price Compresses at Lows

100
📉 Higher-Timeframe Structure (5D)
Primary trend: Bearish (clear lower highs & lower lows)
Market phase: Late-stage downtrend / compression at lows
Key observation: Price is basing after a prolonged selloff, but no confirmed trend reversal yet

🔴 Major Resistance Levels (Supply Zones)
These are levels where sellers previously stepped in aggressively.

R1 – 0.00198
-Most recent breakdown level
-Previous support → now resistance
-Expect first rejection on any bounce

R2 – 0.00457
-Strong range high rejection
-Multiple failed pushes here

R3 – 0.00797
-Major distribution area
-Prior consolidation before continuation down
-High confluence resistance

R4 – 0.01307
-Macro lower high zone
-Would require trend shift to reclaim
-Only relevant if momentum + volume return

R5 – 0.040 – 0.056
-Extreme HTF supply
-Likely cycle-top liquidity
-Unrealistic without a full market regime change

🟢 Key Support Levels (Demand Zones)

S1 – 0.00088 (Current Price Area)
-Local range low
-Price is compressing here
-Weak bounces so far → support is fragile

S2 – 0.00070 – 0.00075
-Psychological + thin liquidity zone
-If S1 fails, price likely moves here fast

S3 – 0.00040
-Final visible HTF demand
-High risk / high reward bounce zone
-Loss of this level = potential capitulation

📐 Trendline Context
-Descending trendline from mid-2025 highs is still respected
-Any rally into resistance below the trendline is corrective, not bullish
-Trendline break + reclaim of 0.00198 is first structural shift

📊 Trading Scenarios:

🐻 Bearish Continuation (High Probability)

Reject at 0.00198 or 0.00457
Target:
-0.00075
-0.00040
-Bias remains bearish while below 0.00198

🐂 Relief Bounce (Countertrend)
Short-term bounce from 0.00088
Targets:
-0.00198
-0.00457 (max extension)
-Treat as dead-cat bounce unless structure breaks

🔁 Trend Reversal (Low Probability, Confirmation Needed)
Requires:
-Weekly close above 0.00198
Break of descending trendline
-Higher low formation
-Volume expansion

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.