🔴 $SMCI MOMENTUM EXHAUSTION – SHORT SETUP IN PLAY ⚠️
Entry Zone: 29.60-29.90 ⚡
Target 1: 28.20 🚀
Target 2: 26.00 🎯
Target 3: 23.20 💥
Stop Loss: 31.10 ⚠️
📉 The vertical pump that drove $SMCI higher is now losing steam. Lower highs are forming on the 1H chart, while volume declines on each retest—textbook exhaustion. 🦈 Smart money likely distributing into that final spike, leaving retail chasing a top.
📊 Key resistance at $30 is holding firm as an order block. A rejection here opens the door for a corrective leg toward the $28.20–$26.00 liquidity zone. 💬 Are you watching for confirmation or already positioned for the fade? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SMCI #ShortSetup #MomentumFade #Crypto #Bearish
🔴 📉
Entry Zone: 29.60-29.90 ⚡
Target 1: 28.20 🚀
Target 2: 26.00 🎯
Target 3: 23.20 💥
Stop Loss: 31.10 ⚠️
📉 The vertical pump that drove $SMCI higher is now losing steam. Lower highs are forming on the 1H chart, while volume declines on each retest—textbook exhaustion. 🦈 Smart money likely distributing into that final spike, leaving retail chasing a top.
📊 Key resistance at $30 is holding firm as an order block. A rejection here opens the door for a corrective leg toward the $28.20–$26.00 liquidity zone. 💬 Are you watching for confirmation or already positioned for the fade? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SMCI #ShortSetup #MomentumFade #Crypto #Bearish
🔴 📉