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$PROM (1h) - Short Rejection
Bias: Short
Entry (Zone): 2.22 - 2.32
Targets:
TP1: 2.10
TP2: 2.00
TP3: 1.88
Stop Loss: 2.47
Why this Setup:
I’m treating this as a short setup because price pushed into resistance, showed fatigue, and then started rejecting back below the local high. I want to fade the rally while supply is still absorbing demand near this reaction zone, with a clean rotation back toward the prior support levels if momentum keeps fading.