๐
HOOD โ Double Top Confirmed?
Robinhood formed a clean 2X Top around $155, rejecting from the premium zone with strong volume confirmation. Price is now retracing under the daily BOS, testing 138โ134 โ the prior short-term demand.
๐ก Trade Setup:
๐ป Bias: Short-term bearish continuation
Entry: near 138โ140 (after rejection confirmation)
Target 1: $125โ$120 (previous structure demand)
Target 2: $110โ$105 (equilibrium zone)
Stop: >150 (above 2X top zone)
๐ RSI rolled over from 70 โ 57, signaling loss of momentum. Until HOOD closes above 150, rallies may face heavy supply.
#HOOD #Trading #SMC #VolanX #WaverVanir #Stocks
Not Investment Advice โก
Robinhood formed a clean 2X Top around $155, rejecting from the premium zone with strong volume confirmation. Price is now retracing under the daily BOS, testing 138โ134 โ the prior short-term demand.
๐ก Trade Setup:
๐ป Bias: Short-term bearish continuation
Entry: near 138โ140 (after rejection confirmation)
Target 1: $125โ$120 (previous structure demand)
Target 2: $110โ$105 (equilibrium zone)
Stop: >150 (above 2X top zone)
๐ RSI rolled over from 70 โ 57, signaling loss of momentum. Until HOOD closes above 150, rallies may face heavy supply.
#HOOD #Trading #SMC #VolanX #WaverVanir #Stocks
Not Investment Advice โก
WaverVanir โก To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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.
WaverVanir โก To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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.