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$PENDLE (1h) - Short
Bias: Short
Entry (Zone): 2.05 - 2.08
Targets:
TP1: 1.99
TP2: 1.93
TP3: 1.86
Stop Loss: 2.15
Why this Setup:
I see rejection after a sharp push into the 2.15 area, and I want to short the failed breakout as long as price stays below that resistance. I’m targeting a move back into the prior consolidation and then a deeper retrace toward the 1.90s if sellers keep control.
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