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$BASED (1H) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.07570 - 0.07620
Targets:
TP1: 0.07440
TP2: 0.07320
TP3: 0.07180
Stop Loss: 0.07730
Why this Setup:
I’m fading this bounce because price is still trading below the recent breakdown zone and keeps stalling near local resistance around 0.076. I want a rejection from this area to play for a continuation back into the lower range, with a tight invalidation above the last swing high.
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