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$BIO (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 0.03805 - 0.03835
Targets:
TP1: 0.03740
TP2: 0.03685
TP3: 0.03620
Stop Loss: 0.03905
Why this Setup:
I’m treating the current bounce as a potential pullback into resistance after a clear intraday downtrend. If price rejects this zone, I expect a continuation move back toward the recent lows with room for a quick scalp lower.
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