Rejection Brewing, is MNQ About to Bleed Below POC? Micro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!stakkdMy morning trade wasn't shit but as with any asset price decides no matter the analysis. That said I'm watching MNQ for a potential bearish setup building beneath the Point of Control (23,485.25). Here’s the game plan: - Price is hovering just above POC after failing to follow through from the bounce. - EMA structure is weakening, waiting for a 9/21 EMA bearish crossover below VWAP to confirm momentum shift. - If we break and reject from POC/VWAP, I’ll be looking for a short opportunity targeting 23,450 → 23,420 (aligned with channel lows and fib levels). - Give it 30 minutes — Let price confirm the break and structure cleanly before taking the entry. This entire move would confirm distribution at value and trend continuation into lower range extremes. If I'm Wrong: A reclaim and hold above 23,510 with EMAs curling up negates the setup. Bias: Bearish Probability: 70% Waiting on clean confirmation from structure and momentum shift.