Googl Technical Analysis for Jun 18Alphabet Inc.BATS:GOOGLBullBearInsightsGOOGL Hanging by a Thread! Breakdown Below $174.50 Could Trigger a Drop to $171–170 Gamma Zone 🔬 GEX (Options Sentiment) Breakdown: * Resistance (CALL Walls): * $177.5 = 2nd CALL Wall * $180.00 = Highest Positive NET GEX (Gamma Wall) * $182.5+ = Outer GEX resistance cluster (low odds near-term) * Support (PUT Zones): * $172.50 = Current key PUT Support Wall — being tested * $170.00 = GEX8 and structure support * $167 = HVL + deep PUT interest floor * Options Flow Metrics: * IVR: 19.3 (stable) * IVx avg: 33.4 * CALL Flow: 16.4% (slightly bullish skew) * GEX Sentiment: 🟢🟢 (lightly bullish but fragile under $174.50) * Interpretation: * Price is compressed right above $172.50 PUT Wall. * If this support breaks with volume, dealers may de-hedge aggressively, opening a quick drop to $170 or $167. 🧠 15-Min SMC & Price Action Analysis: * Current Price: $175.29 * Structure: * CHoCH and BOS confirmations show structure breakdown from supply zone near $177.30 * Several CHoCH levels around $175.50 and $174.50 now acting as short-term resistances * Demand zone sits between $171.90–$172.50 — last bounce area before flush risk * Trend/Pattern: * Breakdown from a broad wedge formation * Rejection from supply zone (pink box) * Currently testing major support trendline (drawn from June 13 lows) 🧭 Scenarios for June 18: 🟥 Bearish Breakdown Setup: * Trigger: Break and 15-min close below $174.50 * Target 1: $172.50 (GEX floor) * Target 2: $170.00 * Stop-loss: Above $176.50 A flush is likely if market-wide selling continues — this is the most probable scenario given current setup. 🟩 Bullish Reversal Setup (Needs Strong Market Help): * Trigger: Bounce off $174.50 with reclaim above $176.50 * Target 1: $177.50 (CALL wall) * Target 2: $180 (Gamma Wall) * Stop-loss: Below $174.00 Would need a strong tech rally or macro catalyst. Risky unless confirmed by SPY/QQQ bounce. 💭 My Thoughts: * GOOGL looks weak structurally and is sitting right on top of key PUT support — not a place to go long blindly. * If $174.50 breaks, it likely attracts momentum sellers and gamma pressure toward $170–171. * Call flow is light, and IV remains tame — cheap options = opportunity for directional plays. * Monitor volume spike + candle body close under $174.50 for confirmation. ✅ Summary for June 18: * Bias: Bearish under $174.50 * Key Breakdown Level: $174.50 * Downside Target: $172.50 → $170.00 * Upside Reversal Target: $177.50 → $180.00 * Setup Confidence: 🔻 High if breakdown confirmed Disclaimer: This content is for educational use only. Always assess your own risk and trading plan.