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$PLAY $PLAYUSDT (1H) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.0748 - 0.0772
Targets:
TP1: 0.0698
TP2: 0.0649
TP3: 0.0602
Stop Loss: 0.0819
Why this Setup:
I see the sharp push into the 0.078 area losing momentum, and I want to fade the lower high after the aggressive selloff. I’m treating the current bounce as a retracement within a larger intraday downtrend, with room for continuation back into prior support if sellers step back in.
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