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$BREV is forming a descending triangle, a bearish continuation structure defined by lower highs pressing into a flat support zone. Price remains capped below the descending trendline and the moving averages, showing sustained selling pressure and weak bullish follow-through.

As long as $BREV stays below the trendline resistance, the bias remains bearish with a higher probability of a support breakdown. A confirmed loss of the horizontal support would likely accelerate downside continuation, while only a strong breakout and close above the descending trendline would invalidate this setup.