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$BASED | 1h | Short Trap Rejection
Bias: Short
Entry Zone: 0.10190 to 0.10280
Stop Loss: 0.10620
Targets:
TP1: 0.09990
TP2: 0.09820
TP3: 0.09580
Invalidation:
Close above 0.10360
Why This Setup:
I’m seeing price stalling near the upper end of the recent range after a strong push up, with repeated wicks showing rejection into resistance. I want a fade of the breakout area if momentum rolls over, aiming for a move back toward the range lows and prior liquidity.
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