$MRVLB is showing clear weakness at 203.83, down 5.27%. I’m watching this for a short continuation because sellers are already controlling the move. If price rejects the 204–207 area, I’d look for downside continuation.
Trade Setup
Entry Zone: 204.00–207.00
Stop Loss: 212.50
Target 1: 198.00
Target 2: 193.00
Target 3: 187.00
This setup works if the current selling pressure continues and resistance keeps holding. I’m waiting for rejection before entering