🔴 $SMCIB — Short Setup

$38.12 (-6.11%), with price below MA(7) $38.43 and far below MA(99) $46.90 / Supertrend $46.25. The short bias is valid, but $37.80 is immediate support.

Preferred entry: $38.40–39.60 on rejection

TP1: $37.80

TP2: $35.95

TP3: $32.30

SL: $40.30

🔻 Confirmation: Rejection around $38.40–39.60 followed by a clean break under $37.80.
#SMCIB

Short confidence: 7.5/10.
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