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$STX (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.2560 - 0.2600
Targets:
TP1: 0.2480
TP2: 0.2400
TP3: 0.2280
Stop Loss: 0.2720
Why this Setup:
I see STX losing momentum after a sharp push into resistance, and I want to fade any weak bounce back into the 0.2560 - 0.2600 area. I’m looking for a move back through the recent intraday support levels if sellers keep control, with the stop above the latest rejection high.
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