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$STORJ (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.1210 - 0.1265
Targets:
TP1: 0.1135
TP2: 0.1055
TP3: 0.0975
Stop Loss: 0.1335
Why this Setup:
I’m looking for a short because the move into resistance has already started to lose momentum after the sharp spike, and price is now showing heavier rejection from the highs. I want to fade a retrace back into the lower support zones if sellers keep control here.
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