A bearish outlook in the market suggests a potential downturn in prices, often indicated by key support levels being breached. When support levels are broken, it indicates a shift in momentum towards selling pressure, potentially leading to further declines. Additionally, if an asset becomes overbought, meaning its price has risen too high too quickly, it may encounter resistance levels that prevent further upward movement. When resistance holds and overbought conditions persist, it could signal a reversal in trend, supporting a bearish outlook for the asset