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$MOVR | 1h | Range Rejection Short
Bias: Short
Entry Zone: 2.615 to 2.635
Stop Loss: 2.676
Targets:
TP1: 2.582
TP2: 2.558
TP3: 2.528
Invalidation:
Close above 2.676
Why This Setup:
I’m leaning short while price keeps failing to reclaim the 2.65 to 2.68 supply area. The structure is still making lower highs after the recent rejection, so I want a breakdown through the 2.61 support for continuation into the lower range.
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