
$SMH is facing bearish pressure after a 2.31% decline.
Sellers are controlling the immediate reaction, with downside structure still vulnerable.
EP
508.00–509.00
TP
504.00
TP1 502.00
TP2 500.00
TP3 498.00
SL
513.00
Liquidity beneath support remains the key downside focus. Continued selling pressure could extend the move, while a strong reclaim would challenge bearish control.




