šØ $SOXSB REJECTS OVERHEAD SUPPLY AS INSTITUTIONAL SELLERS DEFEND KEY RESISTANCE š
Entry: 48.90 - 49.50 ā”
Target: 47.59 šÆ
Stop Loss: 49.96 š
š After printing a sharp 9.82% expansion into the 49.50 - 49.96 supply block, price action is exhibiting clear exhaustion. Institutional distribution is unfolding across this premium zone, with sell-side liquidity pools accumulating beneath local structural lows.
š A confirmed breakdown under the 48.50 pivot opens a direct path into the inefficiency resting near the 47.59 demand pocket. As long as overhead resistance caps the range, order flow remains tilted firmly in favor of short-term correction.
š¬ Are you positioning for this mean reversion or waiting for an additional liquidity sweep above resistance? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #SOXSB #ShortSetup #PriceAction #Crypto
šÆ š¦
Entry: 48.90 - 49.50 ā”
Target: 47.59 šÆ
Stop Loss: 49.96 š
š After printing a sharp 9.82% expansion into the 49.50 - 49.96 supply block, price action is exhibiting clear exhaustion. Institutional distribution is unfolding across this premium zone, with sell-side liquidity pools accumulating beneath local structural lows.
š A confirmed breakdown under the 48.50 pivot opens a direct path into the inefficiency resting near the 47.59 demand pocket. As long as overhead resistance caps the range, order flow remains tilted firmly in favor of short-term correction.
š¬ Are you positioning for this mean reversion or waiting for an additional liquidity sweep above resistance? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #SOXSB #ShortSetup #PriceAction #Crypto
šÆ š¦