⚠️ Short Bias on RTYM (E-Mini Russell 2000 Futures)
Price has rejected the premium zone with clear BOS and CHoCH formations, suggesting distribution. Currently sitting below EMA clusters with weak bullish follow-through.
Volume confirms distribution. Targeting the equilibrium zone (1981.1) as next area of interest for a potential bounce or further breakdown.
Bias: Bearish
📉 Target: 1981.1
⏱️ Timeframe: 1H
#RTYM #Futures #SmartMoneyConcepts #TradingView #Russell2000 #VolumeProfile
Price has rejected the premium zone with clear BOS and CHoCH formations, suggesting distribution. Currently sitting below EMA clusters with weak bullish follow-through.
Volume confirms distribution. Targeting the equilibrium zone (1981.1) as next area of interest for a potential bounce or further breakdown.
Bias: Bearish
📉 Target: 1981.1
⏱️ Timeframe: 1H
#RTYM #Futures #SmartMoneyConcepts #TradingView #Russell2000 #VolumeProfile
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.