$CLS Structure is at a decision point.Celestica Inc.BATS:CLSWavervanir_International_LLCCLS Structure is at a decision point. Daily shows clear distribution after the vertical run. Multiple BOS shifts lower, failing to hold equilibrium around 290. Currently trading ~267 in what I’d classify as mid range liquidity. Context: • Premium supply 330 to 350 remains untouched • Equilibrium 290 acting as pivot • Discount zone 240 to 250 • Major structural level near 155 from prior breakout RSI rolling over and momentum is compressing. Unless price reclaims 290 with displacement, odds favor continuation into 240 liquidity. If 240 fails, the chart opens deeper into 180 and potentially 155 where the true higher time frame demand sits. This is not a breakout setup right now. It’s a mean reversion or distribution trade until proven otherwise. Reclaim 290 = bullish reset Lose 240 = acceleration risk Watching reaction carefully. Not financial advice.