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$BULLA (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.00720 - 0.00726
Targets:
TP1: 0.00708
TP2: 0.00698
TP3: 0.00688
Stop Loss: 0.00739
Why this Setup:
I’m looking for a rejection from the recent intraday push into resistance after the strong rally, since momentum is starting to fade and the lower highs suggest buyers are losing control. I want to short any bounce into this zone and target a move back through the mid-range support if the pullback continues.
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