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$SCR (1H) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.0518 - 0.0524
Targets:
TP1: 0.0508
TP2: 0.0498
TP3: 0.0487
Stop Loss: 0.0534
Why this Setup:
I’m looking for continuation lower after the bounce into resistance faded quickly and sellers reclaimed control. As long as price stays below the recent swing high, I expect another push back into the prior support zone and a possible extension if momentum stays weak.
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