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$PHA (1h) - Bearish Pullback Short
Bias: Short
Entry (Zone): 0.0336 - 0.0341
Targets:
TP1: 0.0328
TP2: 0.0321
TP3: 0.0313
Stop Loss: 0.0347
Why this Setup:
I’m looking for a short on the recent spike into resistance after a strong rebound from the lows. I want price to lose momentum in this zone and roll back toward the prior consolidation levels, where the trend can continue lower.
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