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$SPK | 1h | Range Rejection Short
Bias: Short
Entry Zone: 0.03410 to 0.03430
Stop Loss: 0.03482
Targets:
TP1: 0.03365
TP2: 0.03328
TP3: 0.03278
Invalidation:
Close above 0.03482
Why This Setup:
I’m leaning short as price keeps failing to hold above the 0.0343 area after a sharp intraday drop and choppy rebound. The structure still looks like a range with repeated rejection near the upper edge, so I want to fade strength back into the mid-range and prior lows.
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