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$BASED (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.09240 - 0.09295
Targets:
TP1: 0.09120
TP2: 0.09020
TP3: 0.08895
Stop Loss: 0.09420
Why this Setup:
I’m looking to fade the move into the upper end of the recent range because price keeps stalling near resistance after the rebound. If buyers fail to hold above the local highs, I expect a rotation back toward the mid-range and then the prior lows.
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