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$AIXBT (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.03265 - 0.03295
Targets:
TP1: 0.03205
TP2: 0.03145
TP3: 0.03080
Stop Loss: 0.03345
Why this Setup:
I’m looking for a short into the upper edge of the recent range because price has pushed back into resistance after a sharp bounce. I want to see rejection here before continuation lower, with the first move back toward the mid-range and then the prior low if selling pressure returns.
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