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$GENIUS (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.492 - 0.506
Targets:
TP1: 0.466
TP2: 0.444
TP3: 0.418
Stop Loss: 0.544
Why this Setup:
I see price stalling after a sharp rebound into the 0.50-0.54 supply area, and the recent candles are losing momentum into resistance. I want to sell the rejection if the bounce continues to fade, since a failure here could rotate back toward the prior support zones below.