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$PLAY (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.1570 - 0.1590
Targets:
TP1: 0.1515
TP2: 0.1460
TP3: 0.1395
Stop Loss: 0.1635
Why this Setup:
I’m fading the extended push into resistance after a strong impulsive move, and I want a short if price loses momentum under the highs. The trend is still bullish on the larger swing, but this 1h extension looks stretched enough for a corrective pullback before any further continuation.