Just as I was about to close the screen and go to sleep, the price already handed the short-side “answer” to me in advance. A few days ago, at bedtime,
$MRVL was still repeatedly probing at the high level. It looked lively on the surface, but each time it pushed up, it always fell short by a breath—volume didn’t keep up, while sell pressure above kept getting more obvious.
During the session, I watched how MRVL’s order book support changed. When I saw the rally lacked continuity, and the buy side couldn’t hold it, I judged this was more like a loosening after a bull trap. So around 283.69,