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$POWER (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.0806 - 0.0810
Targets:
TP1: 0.0798
TP2: 0.0792
TP3: 0.0782
Stop Loss: 0.0821
Why this Setup:
I’m leaning short because price keeps failing to hold above the 0.0815 to 0.0820 resistance area, and the chart still looks capped inside a broader range. I want a clean rejection from this zone for a quick move back toward the local lows, with momentum likely to fade if buyers can’t reclaim the recent swing high.
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