Tencent — Sellers Driving Toward $150Tencent Holdings LtdHKEX_DLY:700asgharphulpotoTencent is currently presenting a sell-side opportunity, with the market showing weakness and the bearish direction remaining in focus. The prevailing price behavior suggests that sellers can continue pushing the stock toward lower levels, with $150 identified as the major downside objective. The current structure indicates that upward attempts are facing pressure, while the market continues to favor the downside. If this weakness remains intact, Tencent could gradually lose additional ground as sellers maintain their influence over the price action. The $150 level is the central target for this analysis. Reaching this area would complete the projected bearish move and represent the key destination being monitored. Until there is a meaningful shift in market structure, the selling perspective remains stronger than the bullish alternative. Short-term rebounds can naturally appear during a declining market, but the broader trade idea remains focused on the possibility of continued depreciation. The important factor is whether sellers can preserve their dominance and keep price progressing toward the projected objective. This analysis therefore keeps the strategy straightforward: bearish direction, sell-side focus, and $150 as the primary target. Traders should continue monitoring price behavior as the move develops and manage exposure appropriately throughout the position. Trade Direction: 🔻 Sell Market Bias: Bearish Primary Target: $150 🎯