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$PIEVERSE (1h) - Bearish Rebound
Bias: Short
Entry (Zone): 0.7390 - 0.7430
Targets:
TP1: 0.7285
TP2: 0.7205
TP3: 0.7115
Stop Loss: 0.7515
Why this Setup:
I see a clear downtrend with only a weak bounce from the lows, so I’m treating this as a sell-the-retest setup. I want price to reject the 0.74 area and roll back toward the prior swing lows, with downside extension if momentum stays heavy.