The broader market structure shows that AAPL recently transitioned from a bullish leg to a clear short-term bearish phase after a strong Break of Structure (BOS) at 259.24, which confirmed a shift in control from buyers to sellers. Price failed to make a new high after the last rally, and the subsequent drop formed a decisive lower low, reinforcing bearish intent. The Change of Character (CHoCH) sits lower at 251.04, and if price were to breach that level, it would signal deeper downside continuation and confirm that higher-timeframe buyers have lost momentum.
The supply zones between 254.5–258.5 show layered resistance, where price previously dropped sharply, suggesting aggressive selling pressure from institutional participants. These zones remain strong as price has not yet retested them after the initial rejection. The demand area around 252–251 is the most immediate zone of interest, as it was the origin of the last bullish impulse that temporarily interrupted the down move—buyers stepped in with some strength there, though the overall context still favors sellers. A deeper secondary demand around 250–249 aligns with the CHoCH, representing the last structural defense before a full breakdown.
Currently, price action within the marked region shows a corrective pullback after a strong impulsive decline. Price is hovering just above the 252 demand zone, and momentum is beginning to slow—suggesting short-term exhaustion from sellers. The most probable scenario is a small sweep into the 251.5–252 range to tap liquidity before a relief rally back toward 255–256, where the first supply zone awaits. If that rally occurs and fails to reclaim above 256.5, sellers are likely to re-enter and drive price back toward 251.
The trade bias for now is short-term bullish (counter-trend), expecting a corrective move upward, but within a larger bearish structure. The key invalidation for any bullish scenario would be a clean break below 250.90, which would confirm continuation to the downside.
Momentum currently favors sellers overall, but short-term candles are showing smaller bodies and lower wicks—signs of absorption from buyers around demand.
The supply zones between 254.5–258.5 show layered resistance, where price previously dropped sharply, suggesting aggressive selling pressure from institutional participants. These zones remain strong as price has not yet retested them after the initial rejection. The demand area around 252–251 is the most immediate zone of interest, as it was the origin of the last bullish impulse that temporarily interrupted the down move—buyers stepped in with some strength there, though the overall context still favors sellers. A deeper secondary demand around 250–249 aligns with the CHoCH, representing the last structural defense before a full breakdown.
Currently, price action within the marked region shows a corrective pullback after a strong impulsive decline. Price is hovering just above the 252 demand zone, and momentum is beginning to slow—suggesting short-term exhaustion from sellers. The most probable scenario is a small sweep into the 251.5–252 range to tap liquidity before a relief rally back toward 255–256, where the first supply zone awaits. If that rally occurs and fails to reclaim above 256.5, sellers are likely to re-enter and drive price back toward 251.
The trade bias for now is short-term bullish (counter-trend), expecting a corrective move upward, but within a larger bearish structure. The key invalidation for any bullish scenario would be a clean break below 250.90, which would confirm continuation to the downside.
Momentum currently favors sellers overall, but short-term candles are showing smaller bodies and lower wicks—signs of absorption from buyers around demand.
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Looking for powerful AI trading signals? Visit ProSignal.ai and take your trading to the next level! or join our telegram channel at t.me/prosignalai
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.