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$XAN (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.00885 - 0.00912
Targets:
TP1: 0.00810
TP2: 0.00745
TP3: 0.00685
Stop Loss: 0.00958
Why this Setup:
I’m looking for a short because momentum has carried price into a clear resistance area, but the latest push is already showing weaker follow-through. I see overhead supply building after the extension, and if price loses the recent higher-low structure, I expect the move to rotate into a broader corrective leg.