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$FHE (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.0362 - 0.0380
Targets:
TP1: 0.0330
TP2: 0.0306
TP3: 0.0282
Stop Loss: 0.0402
Why this Setup:
I see price stalling after a sharp impulse into resistance, and I want to fade the move while momentum cools off. I’m looking for a retrace from this supply zone back toward the prior support levels below.
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