🚨 $CIEN REJECTION AT HEAVY RESISTANCE SIGNALS POTENTIAL SHORT POSITION! 📉
Entry: 411.00 - 414.00 📉
Target: 405.00 / 395.00 / 382.50 🎯
Stop Loss: 420.50 ⚠️
📌 After a relentless vertical push from the $382 demand zone, $CIEN is slamming into a wall of seller supply between $417 and $420. 📊 Aggressive buying momentum is stalling hard near the local peaks, leaving heavy rejection wicks that hint at smart money distribution.
💡 As price consolidation tightens beneath $412, sellers are coiling up to reclaim control and drag price back down toward major swing lows. 🌊 A clean acceptance above $420 invalidates the entire short thesis immediately. 💬 Are you stepping in to short this upper ceiling or waiting for breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CIEN #ShortSetup #Crypto #Altcoins #BTR
📉 🐻
Entry: 411.00 - 414.00 📉
Target: 405.00 / 395.00 / 382.50 🎯
Stop Loss: 420.50 ⚠️
📌 After a relentless vertical push from the $382 demand zone, $CIEN is slamming into a wall of seller supply between $417 and $420. 📊 Aggressive buying momentum is stalling hard near the local peaks, leaving heavy rejection wicks that hint at smart money distribution.
💡 As price consolidation tightens beneath $412, sellers are coiling up to reclaim control and drag price back down toward major swing lows. 🌊 A clean acceptance above $420 invalidates the entire short thesis immediately. 💬 Are you stepping in to short this upper ceiling or waiting for breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CIEN #ShortSetup #Crypto #Altcoins #BTR
📉 🐻