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$COS | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.00166 to 0.00174
Stop Loss: 0.00186
Targets:
TP1: 0.00158
TP2: 0.00150
TP3: 0.00142
Invalidation:
Close above 0.00186
Why This Setup:
I’m looking at a sharp pump into resistance followed by a quick rejection on strong volume. I want a pullback failure under the recent spike area for continuation lower if buyers lose momentum.
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