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$BASED (1h) - Bearish Retracement
Bias: Long
Entry (Zone): 0.0908 - 0.0914
Targets:
TP1: 0.0926
TP2: 0.0938
TP3: 0.0953
Stop Loss: 0.0889
Why this Setup:
I’m looking to buy this dip while price holds the recent support area, since the move has already stretched down and the chart is showing signs of stabilization near the current range. I want a tight entry with a clear invalidation below support, and I’m targeting a relief bounce back toward the nearest intraday resistance levels.
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