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$CHIP | 1H | Range Rejection Short
Bias: Short
Entry Zone: 0.05820 to 0.05880
Stop Loss: 0.05955
Targets:
TP1: 0.05760
TP2: 0.05695
TP3: 0.05620
Invalidation:
Close above 0.05955
Why This Setup:
I’m seeing price fail to reclaim the 0.0595-0.0600 resistance band after the recent breakdown, with lower highs still controlling the structure. I want the short while price stays below that reclaim zone, targeting the nearest liquidity pockets back into the range.
#GateSquareMayTradingShare