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$PLAY (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.1000 - 0.1040
Targets:
TP1: 0.0960
TP2: 0.0920
TP3: 0.0880
Stop Loss: 0.1095
Why this Setup:
I’m fading the failed breakout because the move above resistance was aggressively sold back down and momentum has shifted back in favor of sellers. I want to short any weak bounce into the breakdown area, with room for continuation toward the recent support levels.
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