๐จ $MU SHOWS MOMENTUM EXHAUSTION AT SUPPLY WITH MASSIVE SHORT IMBALANCE LOOMING ๐
Entry: 895.37 - 922.64 โก
Target: 881.73 - 835.28 ๐ฏ
Stop Loss: 990 ๐
๐ Price action into the 895.37 - 922.64 distribution cluster reveals distinct buying exhaustion, failing to accept higher prices above local resistance. ๐ When momentum stalls within an overhead supply block like this, smart money often repositions to hunt resting liquidity pooled at lower discount levels.
๐ก A sustained structural rejection here confirms displacement toward initial targets at 881.73, with deeper inefficiency fills unlocking down to 835.28. ๐ฌ Are you shorting this supply rejection or waiting for a confirmed breakdown below local structure? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MU #ShortSetup #PriceAction #MarketStructure
๐ฏ ๐ฆ
Entry: 895.37 - 922.64 โก
Target: 881.73 - 835.28 ๐ฏ
Stop Loss: 990 ๐
๐ Price action into the 895.37 - 922.64 distribution cluster reveals distinct buying exhaustion, failing to accept higher prices above local resistance. ๐ When momentum stalls within an overhead supply block like this, smart money often repositions to hunt resting liquidity pooled at lower discount levels.
๐ก A sustained structural rejection here confirms displacement toward initial targets at 881.73, with deeper inefficiency fills unlocking down to 835.28. ๐ฌ Are you shorting this supply rejection or waiting for a confirmed breakdown below local structure? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MU #ShortSetup #PriceAction #MarketStructure
๐ฏ ๐ฆ