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For PMINAS100GBEBROKERS:USTECsamharriexUSTEC (NAS100) Sell Setup Analysis The market has rallied into a major resistance zone between 30,636 and 30,711, where price has repeatedly struggled to break higher. Multiple tests of this area have created a concentration of liquidity above the highs, making it an attractive region for institutional sell orders. A strong bearish rejection candle formed after price tapped the resistance zone, indicating that sellers defended the area aggressively and absorbed buying pressure. This rejection suggests that the market may seek lower prices before attempting another move higher. Although the broader trend remains bullish, the current setup presents a potential short-term retracement opportunity. The risk-to-reward profile is favorable, with a relatively tight stop loss above resistance and a larger downside target toward the next significant support level. Entry Conditions Aggressive Entry Enter a sell position within the resistance zone between 30,636 – 30,711 after observing bearish rejection. Conservative Entry Wait for a bearish candle to close below 30,636. Enter on a retest of the broken level as new resistance. Stop Loss Above 30,711 (or slightly above the recent swing high to avoid stop hunts). Take Profit Targets TP1: 30,535 TP2: 30,430 TP3: 30,224 Trade Invalidation The sell setup becomes invalid if price closes convincingly above 30,711, indicating buyers have successfully broken resistance and may continue the uptrend. Trade Summary Direction: Sell 📉 Entry Zone: 30,636 – 30,711 Stop Loss: Above 30,711 Targets: 30,535 → 30,430 → 30,224 Setup Type: Resistance Rejection / Liquidity Sweep / Pullback Trade Reason for Sell: Price has reached a key resistance area, formed a bearish rejection, and appears likely to retrace toward lower support levels before any potential continuation of the larger bullish trend.