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$CGPT (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.0395 - 0.0402
Targets:
TP1: 0.0382
TP2: 0.0370
TP3: 0.0358
Stop Loss: 0.0416
Why this Setup:
I’m shorting into the recent extension after a sharp run-up, since price is showing signs of exhaustion near the local highs. I want a retrace back toward the breakout area, with invalidation above the latest swing high.
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