๐จ $GOOGL REJECTION AT OVERHEAD SUPPLY SIGNALS IMMINENT DISTRIBUTION LOWER ๐
Entry: 340.35 - 340.60 โก
Target: 339.80 - 338.67 ๐ฏ
Stop Loss: 341.11 โ ๏ธ
๐ The corrective rebound into the 340.60 premium zone shows clear signs of buyer exhaustion, leaving an exploitable supply imbalance overhead. ๐ Institutional sellers are actively defending structural resistance, with sell-side volume absorption stalling every upward push.
๐ก As long as this local pivot caps upside momentum, structure favors a clean descent into resting liquidity pools below. ๐ฌ Are you positioning short on this retest, or waiting for lower timeframe confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #GOOGL #ShortSetup #PriceAction #MarketStructure
๐ฏ ๐ฆ
Entry: 340.35 - 340.60 โก
Target: 339.80 - 338.67 ๐ฏ
Stop Loss: 341.11 โ ๏ธ
๐ The corrective rebound into the 340.60 premium zone shows clear signs of buyer exhaustion, leaving an exploitable supply imbalance overhead. ๐ Institutional sellers are actively defending structural resistance, with sell-side volume absorption stalling every upward push.
๐ก As long as this local pivot caps upside momentum, structure favors a clean descent into resting liquidity pools below. ๐ฌ Are you positioning short on this retest, or waiting for lower timeframe confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #GOOGL #ShortSetup #PriceAction #MarketStructure
๐ฏ ๐ฆ