๐จ $GOOGL FACING HEAVY RESISTANCE AS INSTITUTIONAL DISTRIBUTION BLOCKS HIGHER PRICES! ๐ป
Entry: 342.20 - 345.50 ๐ป
Target: 338.00, 332.00, 325.00 ๐
Stop Loss: 348.00 โ ๏ธ
๐ Price action is retesting a premium supply block between 342.20 and 345.50, where institutional sell-side liquidity resides. Smart money footprint points toward distribution, capturing buy-side liquidity before driving a structural shift downward.
๐ As upside velocity fades near overhead resistance, an unwind toward deeper sell-side liquidity targets remains the path of least resistance. Invalidation is clearly defined at 348.00 to preserve a clean risk-to-reward ratio.
๐ฌ Are you positioning for this short breakdown or waiting for lower structural demand? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #GOOGL #ShortSetup #MarketStructure #Trading
๐ฏ ๐ฆ
Entry: 342.20 - 345.50 ๐ป
Target: 338.00, 332.00, 325.00 ๐
Stop Loss: 348.00 โ ๏ธ
๐ Price action is retesting a premium supply block between 342.20 and 345.50, where institutional sell-side liquidity resides. Smart money footprint points toward distribution, capturing buy-side liquidity before driving a structural shift downward.
๐ As upside velocity fades near overhead resistance, an unwind toward deeper sell-side liquidity targets remains the path of least resistance. Invalidation is clearly defined at 348.00 to preserve a clean risk-to-reward ratio.
๐ฌ Are you positioning for this short breakdown or waiting for lower structural demand? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #GOOGL #ShortSetup #MarketStructure #Trading
๐ฏ ๐ฆ
