🚨 $QQQ Crashing! Is the Bottom in or More Pain Coming? 📉
$QQQ is facing intense selling pressure right now, dropping fast from the 715.10 resistance level. We just hit a local low of 696.79 and the bounce is looking weak. The bears are clearly in control of the 1H timeframe! 🐻
We are at a critical junction. If QQQ fails to reclaim the 707 level, we could see a massive flush toward much deeper support. This is a high-volatility moment—don't catch a falling knife!
⚡ Setup:
• Entry: $QQQ @ 701.00 - 705.00 (Short Bias)
• Target 1: 695.00 📉
• Target 2: 688.00 💰
• Stop Loss: 712.00
The market sentiment has shifted. Are you Shorting this breakdown or brave enough to Buy the dip? 💸
Drop your bearish or bullish views below! 👇
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