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$CGPT | 1H | Bearish Rejection Setup
Bias: Short
Entry Zone: 0.0350 to 0.0356
Stop Loss: 0.0366
Targets:
TP1: 0.0339
TP2: 0.0327
TP3: 0.0312
Invalidation:
Close above 0.0366
Why This Setup:
I see repeated lower highs after the sharp rejection from the recent swing high, with price losing momentum back under the mid-range. I’m looking for a continuation move lower if sellers keep defending the 0.0350 to 0.0356 area.
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