Bearish Setup on Nike ($NKE): Divergence + Supply RejectionNike, Inc.BATS:NKEfredcast80📉 I'm watching a high-probability bearish setup on NKE, with price rejecting a key 1D supply zone ($77–80) on bearish RSI divergence and fading momentum. A downside gap below adds further confluence. 📊 Technical Context: Clear 1D supply rejection with divergence Lower RSI highs vs higher price highs = Bearish divergence Volume weakening near resistance Open gap ($65–$68.67) below = magnetic target Previous BOS indicates potential for continuation move lower 🎯 Strategy Ideas: Bear Call Spread 80/85 (credit spread with resistance overhead) Put Debit Spread 75/65 (targeting full gap fill) ⏳ Expiry: Sep 20 – well-timed before IV builds 📌 Setup offers attractive R/R with clearly defined invalidation above $81 🔔 Key Alerts: $81: "Invalidation – bias flips if breakout confirmed" $68.67: "Gap close in progress – partial target zone" ➡️ Follow for structured trade setups combining price action, divergence, and options strategies.