$BABA BEARISH REJECTION SETUP BELOW SHORT-TERM SUPPLY

Short $BABA

Entry: 133.70 - 134.60

SL: 136.80

TP1: 132.00

TP2: 129.70

TP3: 126.50

BABA is trading under local supply after failing to reclaim 135–137. Price bounced from demand, but the recovery still looks weak unless that zone is taken back. Liquidity sits below 132 and near 129.70, while 136.80 is the clean invalidation.

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BABA
BABAUSDT
130.38
-1.84%