$QCOM's 171.42 sweep was the tell: smart money ran the highs, then shorted the break. Price sits below the 200 EMA with fresh shorts defending 164.67-165.43. The uptrend broke with a bearish CHoCH after 169.86 failed. That shift put sellers in control, and the displacement lower wasn't just noise, it came with expanding OI. Right now price is retesting mid-range, but the order block at 164.67-165.43 is the re-entry zone. Sellers should defend it, and if they do, the next leg targets 162.45, then 161.465. If I had to pick a side, I'd bet on the rejection. The sweep and displacement show intent, and buyers haven't reclaimed anything above that zone. The 200 EMA adds weight to the bearish case. Targets: 162.45, 161.465, 156.4 Invalidation: 165.425 Watch for a lower-high rejection candle at 164.67-165.43, or a close above 165.43 to invalidate. Also track OI, if shorts start covering, the move stalls. Everything hinges on whether sellers hold 165.43.