🚨 $ORCL DEAD CAT BOUNCE SLAMS INTO HEAVY RESISTANCE AS MACD WEAKENS! 📉
Entry: 150.80 ⚡
Target: 140.60 🎯
Stop Loss: 153.43 ⚠️
That small relief move off the lows just ran straight into a brick wall of overhead supply, where sellers immediately stepped in to cap upside momentum. 📊 Momentum indicators tell the real story here: MACD remains buried deep under the zero line, confirming this bounce is purely a textbook bull trap designed to harvest liquidity from overeager buyers.
📌 With resistance holding firm and buyer volume drying up fast, the path of least resistance points back down toward lower support levels. 🌊 Smart money is positioning for the flush while late chasers get caught on the wrong side of the order book. 💬 Are you shorting this weak retest or waiting for a deeper liquidity sweep below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ORCL #ShortSetup #Bearish #TechnicalAnalysis
📉 🐻
Entry: 150.80 ⚡
Target: 140.60 🎯
Stop Loss: 153.43 ⚠️
That small relief move off the lows just ran straight into a brick wall of overhead supply, where sellers immediately stepped in to cap upside momentum. 📊 Momentum indicators tell the real story here: MACD remains buried deep under the zero line, confirming this bounce is purely a textbook bull trap designed to harvest liquidity from overeager buyers.
📌 With resistance holding firm and buyer volume drying up fast, the path of least resistance points back down toward lower support levels. 🌊 Smart money is positioning for the flush while late chasers get caught on the wrong side of the order book. 💬 Are you shorting this weak retest or waiting for a deeper liquidity sweep below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ORCL #ShortSetup #Bearish #TechnicalAnalysis
📉 🐻
