🚨 $QCOM REJECTS HEAVY SUPPLY AT 204.50 AS INSTITUTIONAL SELLERS DEFEND LOCAL HIGH! 🔻
Entry: 203.20 - 203.60 🔻
Target: 202.20 🎯
Stop Loss: 204.50 ⚠️
📌 Price action printed a clean supply rejection at 204.50 on the hourly timeframe, leaving clear structural footprints of institutional distribution. 📉 Aggressive red expansion candles toward 203.00 confirm seller control, targeting the sell-side liquidity resting beneath the immediate support zone.
💡 This breakdown off resistance offers a crisp risk-managed entry as market structure shifts favor downside imbalance resolution toward 202.20. 💬 Are you positioning for this short-term downside sweep or holding out for a deeper reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #QCOM #ShortSetup #MarketStructure #Trading #OrderFlow
🎯 🐻
Entry: 203.20 - 203.60 🔻
Target: 202.20 🎯
Stop Loss: 204.50 ⚠️
📌 Price action printed a clean supply rejection at 204.50 on the hourly timeframe, leaving clear structural footprints of institutional distribution. 📉 Aggressive red expansion candles toward 203.00 confirm seller control, targeting the sell-side liquidity resting beneath the immediate support zone.
💡 This breakdown off resistance offers a crisp risk-managed entry as market structure shifts favor downside imbalance resolution toward 202.20. 💬 Are you positioning for this short-term downside sweep or holding out for a deeper reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #QCOM #ShortSetup #MarketStructure #Trading #OrderFlow
🎯 🐻
