Answer check: Stop. And the door is closed
$BTC Draw the chart first, then speak.
Let's check yesterday's answer first: I chose “stop”—it hit resistance and was pushed back, more decisively than expected: the door didn't open; even the doorframe fell down.
Three things on the chart:
· The rebound came right up to the broken level, then turned back;
· After turning back, it didn't stop at the previous low; it went straight through;
· Volume is expanding on this leg down, with more sellers stepping in—not a slow grind lower.
The reading doesn't need to change, nor even the tone: the downtrend