🔴 $CIEN — REJECTION SHORT SETUP
$CIEN has rallied strongly from the $382 support zone and is now consolidating around $412 after testing the $417–$420 resistance area.
Repeated hesitation near the highs could lead to a pullback if sellers reclaim control below $412.
📍 Entry: $411–$414
🎯 TP1: $405
🎯 TP2: $395
🎯 TP3: $382.50
🛑 SL: $420.50
🔥 Key: A clean break above $420 invalidates the bearish setup.
⚠️ Wait for downside confirmation and manage risk carefully.
#CIEN #ShortSetup #Trading #futures
$CIEN has rallied strongly from the $382 support zone and is now consolidating around $412 after testing the $417–$420 resistance area.
Repeated hesitation near the highs could lead to a pullback if sellers reclaim control below $412.
📍 Entry: $411–$414
🎯 TP1: $405
🎯 TP2: $395
🎯 TP3: $382.50
🛑 SL: $420.50
🔥 Key: A clean break above $420 invalidates the bearish setup.
⚠️ Wait for downside confirmation and manage risk carefully.
#CIEN #ShortSetup #Trading #futures
