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$MRVL SHORT SETUP — BEARS DOMINATING!



$MRVL is down 8.75%, with sellers maintaining control after a sharp breakdown. The price continues to form lower highs, keeping the bearish structure intact.

Entry: 154.00
SL: 157.20

TP1: 152.56
TP2: 150.50
TP3: 148.00
Final Target: 145.50

Buyers are struggling to recover above 156.00, while repeated selling pressure is pushing price toward its recent low. A break below 152.56 could accelerate the decline toward 150.50 and lower.

Invalidation: A sustained move above 157.20 weakens the bearish setup.
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MRVLMRVL-0.84%


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Comment 4
DefiFarmerSnake
Wait, if it can't reclaim 156, there's indeed no reason to go long. But with the semiconductor sector as a whole expected to rebound, I'll sit out this short
GateUser-739dce43
Even though the phone is supposed to be safe, it's still not safe, boss. Please help us. Thank you.
GweiKnight
MRVL has seen clear institutional distribution recently; lower highs are forming nicely, with a target of 145.5
DegenArtist
This trade’s stop-loss is set fairly wide. 157.2 is the last line of defense; if it drops below the previous high, take the loss