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$CHIP (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 0.0660 - 0.0670
Targets:
TP1: 0.0640
TP2: 0.0625
TP3: 0.0605
Stop Loss: 0.0682
Why this Setup:
I’m seeing a weak rebound into prior resistance, and I want to fade this bounce if price keeps rejecting the 0.0660 to 0.0670 area. The trend still looks fragile, so I’m targeting a continuation move back toward the recent lows.