$QQQ is retesting a key supply zone where the latest recovery is beginning to fade.
Trading Plan Short $QQQ
Entry: 711.81 - 726.19
SL: 780
TP1: 692
TP2: 670
TP3: 657
The latest rebound has pushed price into a resistance area where sellers are starting to absorb demand. Buyers are struggling to extend the recovery above the current structure, leaving downside liquidity exposed below recent lows. If supply continues to hold, price could rotate lower toward the next liquidity pockets.
trade $QQQ here 👇
Trading Plan Short $QQQ
Entry: 711.81 - 726.19
SL: 780
TP1: 692
TP2: 670
TP3: 657
The latest rebound has pushed price into a resistance area where sellers are starting to absorb demand. Buyers are struggling to extend the recovery above the current structure, leaving downside liquidity exposed below recent lows. If supply continues to hold, price could rotate lower toward the next liquidity pockets.
trade $QQQ here 👇