GOOGL GOOGL (4H) — Price is rejecting the 250–255 supply band after notable sell programs (~$2.4B tagged near the ceiling). Buyers defended 240 on first test, but momentum remains capped below resistance.Institutional read: distribution active into 250–255; absorption attempts around 240. A clean break of either level likely sets the next swing. The open gap at 225–210 remains a magnet if 240 fails.
Target to the upside:
Reclaim 250 and hold → 255 retest; extension only on sustained acceptance above 255 toward 260.
Target to the downside:
Lose 240 on volume → gap fill toward 225–210; continuation risk into 205–200
