MES1! Stacked Rejection & Distribution into NY Close

Price is stalling above PDH after tapping a clear HVRA (Supply) zone. We’re seeing layered rejection with a Secondary Distribution Shelf forming beneath it a classic signature of trapped longs and passive seller absorption.

If structure fails to hold above the rejection zone, we expect a reversion through the inefficiency and potential rotation into the demand base.

Key Zones & Structure
HVRA (Supply): 6345–6355 – Liquidity exhaustion, failed breakout

Secondary Distribution Shelf: 6315–6325 – Trap zone, weak re-test

Mean Reversion Target: 6285–6295 – Execution gap, inefficient rotation

Absorption Zone (Demand): 6260–6275 – Institutional long buildup

Bearish Trade Idea
Entry: 6332 (within HVRA)

Stop: 6342 (above HVRA high)

TP1: 6300 – Break of shelf

TP2: 6288 – Fill inefficiency

TP3: 6270 – Rotation into demand

R:R: Approx. 1:2.8 / 1:4.2 depending on target

Staakd Outlook
Stacked rejection with no volume follow-through above PDH. Unless NY reclaims 6330+ with force, structure favoUrs reversion to inefficiency and absorption zone below.

Follow for post-session confirmation and Friday morning bias update.

Staakd Bias: Bearish Lean ★★★★☆