$CIEN Rejection At The Top Of The Rally
CIEN has climbed aggressively from the $382 support zone and is now consolidating around $412 after testing the $417–$420 resistance area. The repeated hesitation near the highs creates a potential short setup if sellers push price back below $412.
Entry: $411.00 – $414.00
TP1: $405.00
TP2: $395.00
TP3: $382.50
SL: $420.50
A clean break above $420 would invalidate the bearish setup.
Sell and Trade $CIEN
CIEN has climbed aggressively from the $382 support zone and is now consolidating around $412 after testing the $417–$420 resistance area. The repeated hesitation near the highs creates a potential short setup if sellers push price back below $412.
Entry: $411.00 – $414.00
TP1: $405.00
TP2: $395.00
TP3: $382.50
SL: $420.50
A clean break above $420 would invalidate the bearish setup.
Sell and Trade $CIEN
