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$RKLB SHORT SETUP — BEARS TAKING CONTROL!
$RKLB is losing momentum after a sharp rejection from 60.76. Sellers have pushed the price lower, and the recent consolidation suggests another downside move could follow.
Entry: 54.51
SL: 55.65
TP1: 53.80
TP2: 53.25
TP3: 52.50
Final Target: 51.35
The strong rally has been followed by aggressive selling, with price struggling to recover above 55.00. A breakdown below 54.20 could open the door for another decline toward the lower support zones.
Invalidation: Sustained recovery above 55.65.
$RKLB bears are watching the next breakdown!