🐻 $SMCI SHORT: LIQUIDITY ABOVE, BEARS READY TO STRIKE! 📉
Entry: 29.70 - 29.90 🔴
Target: 28.00 🚀
Stop Loss: 32.10 ⚠️
🔍 Price is reacting off a key supply zone that has rejected rallies twice this month. 🦈 Smart money likely positioning for a liquidity grab below 29.00 before targeting the 28.00 clean-up. 📊 Volume reveals aggressive seller absorption on the 1H timeframe, matching the footprint of institutional distribution.
💡 Risk-to-reward sits at 1:3+ with two defined targets — the first at 29.00, the second at 28.00. The 32.10 stop loss is placed above recent highs, making this a clean structural short. 💬 Are you watching for a retest of the entry zone or waiting for a confirmation candle below 29.00? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SMCI #ShortSetup #Bearish #Crypto #TechnicalAnalysis
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Entry: 29.70 - 29.90 🔴
Target: 28.00 🚀
Stop Loss: 32.10 ⚠️
🔍 Price is reacting off a key supply zone that has rejected rallies twice this month. 🦈 Smart money likely positioning for a liquidity grab below 29.00 before targeting the 28.00 clean-up. 📊 Volume reveals aggressive seller absorption on the 1H timeframe, matching the footprint of institutional distribution.
💡 Risk-to-reward sits at 1:3+ with two defined targets — the first at 29.00, the second at 28.00. The 32.10 stop loss is placed above recent highs, making this a clean structural short. 💬 Are you watching for a retest of the entry zone or waiting for a confirmation candle below 29.00? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SMCI #ShortSetup #Bearish #Crypto #TechnicalAnalysis
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