LISTAUSDT Forming Descending Channel

LISTAUSDT is currently showing strong bearish continuation on the 4H timeframe, with price breaking decisively below the previous horizontal support zone around 0.125–0.120).
LISTAUSDT The chart displays a clear breakdown from the descending channel / larger corrective structure, followed by lower lows and failed retests of the broken level. Momentum remains downward (mostly red candles dominating), and volume has not shown meaningful buying absorption on the minor bounces — this is typical of continuation rather than reversal.

Current price (~0.1144) is trading well below the broken support and sitting near the lower dotted line (~0.110–0.108 area). A clean close below this level with increased volume would likely accelerate the move toward the next major liquidity pocket around 0.095–0.085.

Short-term structure is bearish until we see:
- a strong bullish engulfing or hammer candle with high volume closing back above 0.120–0.125
- formation of a higher low + higher high that clearly invalidates the current downtrend.

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