US Tech 100 1H: Bearish Rejection Setup at 1W C.E Resistance

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US Tech 100 1H: Bearish Rejection Setup at 1W C.E ResistanceUS Tech 100 CFDWHSELFINVEST:USTECH100CFDjongwon_fx1. Technical & ICT Breakdown Major Resistance Zone (1W C.E): Price is approaching the key 1W C.E (Weekly Consequent Encroachment) level around 28,623. This area acts as a strong overhead supply zone where Smart Money is expected to look for short opportunities. Price Action & Structure: Following a recent retracement from the lows, the price is testing the upper liquidity bounds. A rejection at this key weekly level will confirm a bearish continuation following the overarching downward trend. Confluence: Confluence of the 1W C.E level and local supply box provides a strong foundation for a short setup. 2. Trade Parameters Idea Type: Short 🔴 Entry Zone: 28,623.0 (Waiting for a sweep/rejection around the 1W C.E box) Stop Loss (SL): 28,801.9 (Invalidation level placed strictly above the recent local highs) Take Profit (TP): 27,789.6 (Targeting the lower liquidity demand box) Risk-to-Reward Ratio: Excellent > 1:4 R:R setup 3. Execution Plan Expecting price to push slightly higher into the 28,623 (1W C.E) supply zone to sweep internal liquidity, followed by a sharp bearish rejection. The projected path (mint-colored path) targets a breakdown toward the 27,789 demand zone.