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$PLAY (1h) - Short Rejection Setup
Bias: Short
Entry (Zone): 0.0950 - 0.0985
Targets:
TP1: 0.0865
TP2: 0.0800
TP3: 0.0735
Stop Loss: 0.1025
Why this Setup:
I’m watching for a rejection as price pushes back into a heavy resistance area after a sharp rebound. The move has already shown signs of exhaustion, so I want to fade any weak continuation and look for a rotation back into the prior support zones.
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