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$ID (1h) - Pullback Rejection Short
Bias: Short
Entry (Zone): 0.0310 - 0.0318
Targets:
TP1: 0.0302
TP2: 0.0294
TP3: 0.0286
Stop Loss: 0.0326
Why this Setup:
I see price pushing into a fresh resistance band after a sharp recovery, and I want to fade the move if it loses momentum here. I’m looking for a rejection from this area to rotate price back toward the prior consolidation and lower liquidity below.