$HOOD โ€” Double Top Confirmed?

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๐Ÿ“‰ 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 138โ€“134 โ€” the prior short-term demand.

๐Ÿ’ก Trade Setup:

๐Ÿป Bias: Short-term bearish continuation

Entry: near 138โ€“140 (after rejection confirmation)

Target 1: $125โ€“$120 (previous structure demand)

Target 2: $110โ€“$105 (equilibrium zone)

Stop: >150 (above 2X top zone)

๐Ÿ“Š 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 โšก

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